301500SZSE

Announcement on Pledging Structured Deposits and Other Assets for Credit Financing

Guangdong Feinan Resources Recycling Co., Ltd.·April 10, 2026

✨ AI Summary

Guangdong Feinan Resource Utilization Co., Ltd. plans to pledge up to RMB 3 billion in structured deposits and other assets to secure credit financing. The board approved this proposal on April 9, 2026, pending shareholder approval. The pledged assets will be used to enhance capital efficiency and reduce costs, with a validity period of 12 months from shareholder approval. The company maintains a strong financial position, minimizing risks to shareholders.

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Full Translation

AI Translation· azure_openai

Securities Code: 301500
Securities Abbreviation: Feinan Resources
Announcement Number: 2026-019

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, with no false records, misleading statements, or significant omissions.

On April 9, 2026, the Company held the sixth meeting of the third Board of Directors, where it reviewed and approved the proposal on pledging structured deposits and other assets for credit financing. This proposal is subject to approval by the Company's shareholders, with specific details as follows:

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