002475SZSE

Announcement on Using Idle Own Funds to Purchase Low-Risk Bank Products

✨ AI Summary

Luxshare Precision Industrial Co., Ltd. will use up to RMB 40 billion of idle own funds to purchase low-risk bank wealth management products. The purpose is to improve fund utilization and returns while ensuring capital safety and normal operations. The investment period is 12 months, and the funds can be used cyclically.

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Full Translation

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Securities Code: 002475 Bond Code: 128136 Securities Abbreviation: Luxshare Precision Bond Abbreviation: Luxshare Convertible Announcement No.: 2026-060 Luxshare Precision Industrial Co., Ltd.

Announcement on Using Idle Own Funds to Purchase Low-Risk Bank Products

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

Luxshare Precision Industrial Co., Ltd. (hereinafter referred to as "Luxshare Precision" or "the Company") held the 25th meeting of the Sixth Board of Directors on June 22, 2026, and deliberated and approved the "Proposal on Using Idle Own Funds to Purchase Low-Risk Bank Products." To improve the efficiency and returns of fund utilization, while ensuring fund safety and compliance with laws and regulations, and without affecting the Company's normal operations, the Company and its holding subsidiaries are permitted to use idle own funds for cash management by purchasing bank wealth management products with high safety, good liquidity, and low risk. The relevant situation is hereby announced as follows:

I. Basic Situation

  1. Investment Objective: To improve the efficiency and returns of idle funds, reasonably utilize idle funds, and obtain better investment returns for the Company and shareholders, while ensuring the Company's daily operating capital needs.

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