Securities Code: 300720
Securities Abbreviation: Haichuan Intelligent
Announcement Number: 2026-003
Guangdong Haichuan Intelligent Machinery Co., Ltd. (hereinafter referred to as "the Company") held the 17th meeting of the 4th Board of Directors and the 16th meeting of the 4th Supervisory Board on April 28, 2025, and the 2024 Annual General Meeting of Shareholders on May 21, 2025, where the proposal on using self-owned funds for cash management was approved. The total amount authorized for cash management is RMB 300 million. Within this limit, funds can be used on a rolling basis, and the authorization period is from the date of approval by the shareholders' meeting until the next annual shareholders' meeting. For specific details, please refer to the announcements published on April 29, 2025, and May 22, 2025, on the Giant Tide Information Network: "Resolution Announcement of the 17th Meeting of the 4th Board of Directors" (Announcement No.: 2025-008), "Resolution Announcement of the 16th Meeting of the 4th Supervisory Board" (Announcement No.: 2025-009), "Announcement on the Proposal to Use Self-owned Funds for Cash Management" (Announcement No.: 2025-019), and "Resolution Announcement of the 2024 Annual General Meeting of Shareholders" (Announcement No.: 2025-024).
1. Basic Situation of Purchasing Treasury Reverse Repos
The Company has used idle self-owned funds to purchase treasury reverse repo products from the Shanghai Stock Exchange and Shenzhen Stock Exchange. As of the date of this announcement, all principal and earnings from matured treasury reverse repos have been fully recovered, as detailed below: