Hunan Zhongke Electric Co., Ltd. 2025 Special Report on Securities Investment and Derivatives Trading
According to the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 2 – Normative Operation of GEM Listed Companies" and "Shenzhen Stock Exchange GEM Listed Company Self-Regulatory Management Guidelines No. 1 – Business Handling" and other relevant regulations, the Board of Directors of Hunan Zhongke Electric Co., Ltd. (hereinafter referred to as the "Company") has reviewed the Company's 2025 securities investment and derivatives trading situation. The relevant situation is hereby described as follows:
I. Review and Approval of Securities Investment and Derivatives Trading
(I) Review and Approval of Securities Investment According to the Company's "Management Measures for External Investment," if the amount of securities investment does not reach 10% of the Company's latest audited net assets or does not exceed RMB 10 million in absolute terms, it shall be approved by the Company's General Manager for implementation. In 2025, the amount of securities investment made by the Company was within the scope of the General Manager's approval authority, and it has been approved by the General Manager.