300848SZSE

Progress Announcement on the Use of Idle Funds to Purchase Wealth Management Products

Miracll Chemicals Co., Ltd.·

✨ AI Summary

The company approved the use of up to 500 million RMB of idle funds for purchasing wealth management products without affecting normal operations. Recently, it invested in a wealth management product with a principal of 20 million RMB, expected to yield an annualized return of 1.2%. The investment is part of a strategy to enhance fund efficiency and returns for shareholders.

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Full Translation

AI Translation· azure_openai

Miracll New Materials Co., Ltd.
Address: No. 35 Changsha Street, Yantai Development Zone
Phone: +86-535-3979898
Website: www.miracll.com

Announcement No.: 2026-005

Progress Announcement on the Use of Idle Funds to Purchase Wealth Management Products

The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Miracll New Materials Co., Ltd. (hereinafter referred to as "the Company") held the fifth meeting of the fourth board of directors and the fifth meeting of the fourth supervisory board on April 19, 2025, where it reviewed and approved the proposal on the use of part of the idle self-owned funds to purchase wealth management products. The Company and its subsidiaries are authorized to use a total of no more than 500 million RMB (including the principal) of idle self-owned funds to purchase wealth management products, ensuring that it does not affect the normal production and operational funding needs and the safety of funds. This limit is valid for one year from the date of approval by the board of directors and can be used in a rolling manner within the aforementioned limit and timeframe. The management of the Company and its subsidiaries are authorized to sign relevant contracts within this limit, with the finance department responsible for organizing and implementing specific matters. For details, please refer to the announcement disclosed by the Company on April 22, 2025, on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2025-033).

Recently, the Company and its subsidiaries have used part of the idle self-owned funds to purchase wealth management products, and the relevant matters are announced as follows:

1. Basic Information on the Purchase of Wealth Management Products

No.TrusteeProduct NameAmount (10,000 RMB)Start DateMaturity DateProduct TypeExpected Annual YieldPurchasing Entity
1China Construction Bank Wealth Management Co., Ltd.CCB Wealth Management Jiaxin (Stable Profit) Corporate Version Phase 172,0002026/2/24No fixed term, redeemable at any timeFixed income, non-principal guaranteed floating income1.2%Miracll New Materials Co., Ltd.

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