Hunan Feiwo New Energy 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.
The Company held the 12th meeting of the 3rd Board of Directors and the 10th meeting of the 3rd Supervisory Board on April 23, 2025, where it approved the proposal to use idle raised funds (including oversubscribed funds) for cash management. The Company is authorized to use no more than 300 million yuan of idle raised funds (including oversubscribed funds) for cash management, with a usage period of 12 months from the date of board approval. The above amount can be recycled within the validity period. The sponsor, Minsheng Securities Co., Ltd., has no objections to this matter and has issued a verification opinion. For specific details, please refer to the announcement disclosed by the Company on April 25, 2025, on the Giant Tide Information Network (www.cninfo.com.cn).
Recently, the Company has redeemed cash management products purchased with part of the idle raised funds within the authorized scope and has continued cash management. The specific situation is announced as follows:
1. Redemption of Cash Management Products Purchased with Idle Raised Funds
| Trustee | Product Name | Product Type | Amount (10,000 yuan) | Purchase Date | Redemption Date | Expected Annual Yield | Actual Yield (10,000 yuan) | Source of Funds |
|---|---|---|---|---|---|---|---|---|
| Bank of China | Large Certificate of Deposit (3 years) | Principal-protected fixed-rate product | 2000.00 | 2025-01-23 | 2026-02-10 (transferable) | 2.35% | 49.32 | Oversubscribed funds |
| Bank of China | Large Certificate of Deposit (3 years) | Principal-protected fixed-rate product | 2000.00 | 2025-01-22 | 2026-02-11 (transferable) | 2.35% | 49.58 | Oversubscribed funds |
| Total | - | - | 4000.00 | - | - | - | 98.90 | - |