002832SZSE

Progress Announcement on Cash Management Using Idle Self-owned Funds

BIEM.L.FDLKK Garment Co., Ltd.·February 26, 2026

✨ AI Summary

The company approved a cash management plan allowing the use of up to RMB 2.4 billion of idle funds for investment in low-risk financial products. The investment period is valid for 12 months from the board's approval date. The company has purchased a financial product with an expected annual return of 1.40%-1.85%. This strategy aims to enhance fund efficiency while ensuring operational liquidity and safety.

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Full Translation

AI Translation· azure_openai

Securities Code: 002832
Securities Abbreviation: Biyin Lefen
Announcement Number: 2026-002

Biyin Lefen Apparel Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

On August 26, 2025, the Company held the ninth meeting of the fifth Board of Directors and the seventh meeting of the fifth Supervisory Board, where the proposal on the use of idle self-owned funds for cash management was approved. The Company and its subsidiaries are authorized to use no more than RMB 2.4 billion of idle self-owned funds for cash management, provided that it does not affect normal production and operation and ensures the safety of funds. The cash management limit approved is valid for 12 months from the date of the Board's approval, and the funds can be rolled over within the above limit and validity period.

According to the above resolution, the Company announces the following regarding the recent purchase of financial products:

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