Zhejiang Weixing New Materials Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
As approved by the Company's 2025 Annual General Meeting on April 24, 2026, the Company and its subsidiaries will use idle self-owned funds not exceeding RMB 1.5 billion for investment and wealth management activities, ensuring normal operations and fund safety. The investment period is from the date of approval by the shareholders' meeting until the new wealth management quota is approved. The funds within this quota can be recycled, and the Chairman is authorized to exercise investment decision-making rights and sign relevant contract documents. Specific details can be found in the announcements published on April 3 and April 25, 2026, in the Securities Times, China Securities Journal, Shanghai Securities Journal, Securities Daily, and the Giant Tide Information Network (www.cninfo.com.cn).
Recently, the Company and its subsidiaries have used part of their idle self-owned funds to purchase bank wealth management products. The details are as follows:
1. Specifics of Bank Wealth Management Products Purchased
(1) In May 2026, the Company used self-owned funds of RMB 100 million to purchase bank wealth management products from China Construction Bank Co., Ltd. (hereinafter referred to as "Construction Bank"). The details are as follows:
| Item | Details |
|---|---|
| Product Name | Customized Structured Deposit in RMB from China Construction Bank Zhejiang Branch |
| Issuer | Construction Bank |
| Investment Currency | RMB |
| Subscription Amount | RMB 100 million |
| Product Type | Principal-protected floating income type |
| Expected Annual Yield | 1.00%-2.10% |
| Product Term | May 2026 - November 2026 |
| Related Party Explanation | The Company has no related party relationship with Construction Bank. |