002388SZSE

Announcement on Using Idle Own Funds to Purchase Wealth Management Products

Xinya Process Co., Ltd.·

✨ AI Summary

Xin Ya Precision (Zhejiang) Co., Ltd. will use up to RMB 60 million of idle own funds for low-risk, high-liquidity wealth management products. This aims to improve fund utilization efficiency and increase company revenue without impacting normal operations. The investment period is one year from the board meeting approval. The company will implement strict risk control measures.

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Securities Code: 002388 Securities Abbreviation: Xin Ya Precision Announcement Number: 2026-019

Xin Ya Precision (Zhejiang) Co., Ltd. Announcement on Using Idle Own Funds to Purchase Wealth Management Products

The Company and all members of the Board of Directors guarantee the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Xin Ya Precision (Zhejiang) Co., Ltd. (hereinafter referred to as the "Company") at the thirty-second meeting of the Sixth Board of Directors deliberated and approved the "Proposal on Using Idle Own Funds to Purchase Wealth Management Products." To improve the efficiency of the Company's own fund utilization and rationally utilize idle own funds to increase company revenue, without affecting the Company's normal operations, it is agreed that the Company and its subsidiaries (including subsidiaries and sub-subsidiaries within the scope of the Company's consolidated financial statements) will use an amount not exceeding RMB 60 million (inclusive) of own funds for investment in short-term, low-risk, high-liquidity wealth management products. Funds within this limit can be used on a rolling basis. The Company's Chairman is authorized to exercise this investment decision-making power and sign relevant contract documents within this limit. The head of the Company's fund management department is responsible for organizing the implementation.

I. Investment Overview

  1. Investment Purpose To improve the efficiency of the Company's own fund utilization and rationally utilize idle own funds, without affecting the Company's normal operations, invest idle own funds in short-term, low-risk, high-liquidity wealth management products to increase company revenue.

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