301575SZSE

Progress Announcement on Redemption of Cash Management Products and Use of Idle Fund for Cash Management

✨ AI Summary

Jiangxi Aifenda HVAC Technology Co., Ltd. announced the redemption of cash management products using idle funds, approved by the board on September 30, 2025. The company redeemed a total of RMB 30 million in cash management products, with a yield of 2.00%. As of the announcement date, the remaining balance of idle funds for cash management is RMB 50 million, within the authorized limit.

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Full Translation

AI Translation· azure_openai

Securities Code: 301575

Securities Abbreviation: Aifenda

Announcement Number: 2026-026

Jiangxi Aifenda HVAC 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.

On September 30, 2025, the Company held the 12th meeting of the 4th Board of Directors and the 8th meeting of the 4th Supervisory Board, where it reviewed and approved the proposal on the use of part of the idle raised funds for cash management. The Company agreed to use no more than RMB 300 million (including the principal) of idle raised funds for cash management, provided that it does not affect the construction of investment projects funded by the raised funds and the normal operation of the Company. The funds will be used to purchase capital-protected products with high safety, good liquidity, and low risk (with individual product investment periods not exceeding 12 months). The cash management period is valid for 12 months from the date of approval by the 12th meeting of the 4th Board of Directors, and within the above limits and period, the funds can be rolled over. The Board of Directors authorized the management to make investment decisions and sign relevant contract documents within the limit, with specific matters organized and implemented by the Company's finance department. For specific details, please refer to the Company's announcement on the use of part of the idle raised funds for cash management disclosed on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement Number: 2025-012).

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