Announcement on Using Idle Own Funds to Purchase Wealth Management Products
Announcement Number: 2026-028
Securities Code: 002398 Securities Abbreviation: Lezhi Group
Bond Code: 127062 Bond Abbreviation: Lezhi Convertible Bonds
Lezhi Holdings Group Co., Ltd.
Announcement on Using Idle Own Funds to Purchase Wealth Management Products
The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false or misleading statements or material omissions.
Lezhi Holdings Group Co., Ltd. (hereinafter referred to as the "Company") held the twelfth meeting of the Seventh Board of Directors on April 24, 2026, and deliberated and approved the "Proposal on the Company's Use of Idle Own Funds to Purchase Wealth Management Products." The proposal allows the Company, while ensuring its normal operating capital needs and capital security, to use idle own funds not exceeding RMB 1 billion to purchase wealth management products from financial institutions such as banks, securities companies, and fund companies. The Chairman is authorized to exercise relevant decision-making powers and sign relevant legal documents within this limit. The authorization is valid for 12 months from the date of approval by the Board of Directors and can be used on a rolling basis within the validity period. This matter falls within the scope of the Company's Board of Directors' decision-making authority and does not require submission to the Company's shareholders' meeting for deliberation, nor does it constitute a related-party transaction. The specific details are as follows: