300775SZSE

Progress Announcement on the Use of Idle Raised Funds and Self-owned Funds for Cash Management Redemption and Continued Cash Management

✨ AI Summary

Xi'an Triangle Defense Co., Ltd. has announced the use of idle raised funds and self-owned funds for cash management, with a total amount not exceeding RMB 1.06 billion. The company has successfully redeemed cash management products and continues to manage funds within the approved limits. The current unexpired balance of idle raised funds for cash management is RMB 323 million, and for self-owned funds, it is RMB 813 million.

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Full Translation

AI Translation· azure_openai

Xi'an Triangle Defense 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 any false records, misleading statements, or major omissions.

The third session of the Company's Board of Directors held its twenty-third meeting, the eighteenth meeting of the Supervisory Board, and the third extraordinary general meeting of shareholders in 2025, which reviewed and approved the proposal on the use of part of the idle raised funds and self-owned funds for cash management. It was agreed that, without affecting the normal operation of the Company, the construction progress of the investment projects funded by the raised funds, and ensuring the safety of funds, the Company (including subsidiaries) would use idle raised funds not exceeding RMB 1.06 billion (of which, funds raised from the issuance of convertible corporate bonds to unspecified objects not exceeding RMB 120 million, and funds raised from the issuance of shares to specific objects not exceeding RMB 940 million) and idle self-owned funds not exceeding RMB 2 billion for cash management. The usage period is within 12 months from the date of approval by the general meeting of shareholders, and the funds can be used on a rolling basis within the above limits. The Board of Directors proposed that the general meeting of shareholders authorize the management to exercise the investment decision-making power and sign relevant contract documents, with the finance department of the Company responsible for organizing implementation. For specific details, please refer to the announcement on the use of part of the idle raised funds and self-owned funds for cash management disclosed by the Company on April 12, 2025, on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2025-029).

Recently, the Company (including subsidiaries) has used part of the idle raised funds and self-owned funds for cash management. The specific situation is announced as follows:

1. Redemption of Cash Management Products Using Part of the Idle Raised Funds and Self-owned Funds

TrusteeProduct NameRelationshipProduct TypePurchase Amount (10,000 RMB)Start DateMaturity/Redemption DateExpected Annual YieldSource of FundsIncome (10,000 RMB)
China Merchants BankZhaoyin Wealth Management Zhaorui Hedging High Rating Closed 185 (112295C)NoneWealth Management Product3,000.002025.12.312026.4.131.85%-2.15%Self-owned Funds16.20
Bohai BankStructured Deposit (WBS2600143)NonePrincipal-protected Floating Income8,300.002026.1.122026.4.130.75%/1.85%/1.90%Raised Funds38.28

2. Purchase of Cash Management Products Using Part of the Idle Raised Funds and Self-owned Funds

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