301500SZSE

Announcement on the Use of Part of Idle Self-owned Funds for Entrusted Wealth Management

✨ AI Summary

Guangdong Feinan Resource Utilization Co., Ltd. plans to use up to RMB 1 billion of idle self-owned funds for entrusted wealth management to enhance capital efficiency and returns for shareholders. The investment will focus on high-security, liquid financial products and is valid for 12 months. The board approved this decision on April 9, 2026, emphasizing risk management and compliance with regulations.

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Full Translation

AI Translation· azure_openai

Guangdong Feinan Resource Utilization 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.

Important Content Reminder:

  1. Investment Type: The Company and its subsidiaries plan to use temporarily idle self-owned funds to purchase various financial products issued by banks and other institutions that have high security and good liquidity.
  2. Investment Amount: The Company intends to use a total amount not exceeding RMB 1 billion (including the principal) of idle self-owned funds for entrusted wealth management, effective for 12 months from the date of approval by the Board of Directors. Within the aforementioned limit and time frame, the funds may be used in a rolling manner.
  3. Special Risk Reminder: The financial market is significantly influenced by the macro economy. The Company will intervene appropriately based on economic conditions and changes in the financial market, but there may still be instances where actual returns from entrusted wealth management fall short of expectations due to market fluctuations. Investors are advised to be aware of investment risks.

On April 9, 2026, the Company held the sixth meeting of the third Board of Directors, which reviewed and approved the proposal on the use of part of idle self-owned funds for entrusted wealth management. The specific content is as follows:

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