Shanghai Weihong Electronic Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions. In accordance with the Securities Law, the Shenzhen Stock Exchange Growth Enterprise Market Listing Rules, the Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 2 - Standard Operation of Growth Enterprise Market Listed Companies, and other relevant laws, regulations, and the Company’s Articles of Association and Securities Investment Management System, the Board of Directors of Shanghai Weihong Electronic Technology Co., Ltd. has reviewed the Company's securities investment situation for the year 2025, and hereby provides the following information:
I. Overview of Securities Investment
-
Purpose of Securities Investment
To further improve the efficiency of the use of self-owned funds and increase company revenue, the Company will allocate part of its funds for securities investment, creating greater returns for the Company and its shareholders while ensuring normal operations. -
Investment Amount
Without affecting the normal operations of the Company, the Company and its controlling subsidiaries plan to use no more than 300 million yuan of self-owned funds for securities investment, meaning the maximum balance of securities investment at any point in time (including related amounts from reinvested returns) will not exceed 300 million yuan. -
Investment Scope
The scope of securities investment includes new stock allocations or subscriptions, stock repurchases, stock investments, bond investments, depositary receipts, wealth management products from brokerages, income certificates, entrusted financial management (including trust products), and other investment activities recognized by the Shenzhen Stock Exchange. -
Approval Procedures
The 12th meeting of the 5th Board of Directors, the 10th meeting of the 5th Supervisory Board, and the 2024 Annual General Meeting of Shareholders approved the proposal on using idle self-owned funds for securities and financial products investment, agreeing to use no more than 300 million yuan of idle self-owned funds for securities investment.