Announcement by Sangfor Technologies Inc. on Cash Management Using Idle Funds for 2026
The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Sangfor Technologies Inc. (hereinafter referred to as "the Company") held the 37th meeting of the third board of directors on March 30, 2026, and approved the proposal regarding the use of part of the idle self-owned funds for cash management in 2026. The board agreed to use a total principal amount not exceeding RMB 4 billion of idle self-owned funds to timely purchase financial products with high safety and low risk. Within 12 months from the approval of the annual shareholders' meeting in 2025, if the total principal amount of financial products that have not matured or been redeemed does not exceed RMB 4 billion, the company may continuously roll over the purchase of financial products. The specific details are announced as follows:
1. Basic Situation of Using Idle Self-Owned Funds for Cash Management
(1) Investment Purpose
Without affecting normal operations, the company intends to reasonably utilize temporarily idle self-owned funds to timely purchase financial products with high safety and low risk, enhancing the returns on the company's existing funds and providing more returns for the company and its shareholders.