Announcement on the Use of Idle Funds for Entrusted Wealth Management by the Company and Its Subsidiaries in 2026
Gu De Electric Materials System (Suzhou) Co., Ltd. (hereinafter referred to as "the Company" or "Gu De Electric Materials") 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 major omissions.
Special Reminder:
- Investment Types: The Company and its subsidiaries will strictly control risks according to relevant regulations and select wealth management products with good liquidity, high safety, and relatively high investment returns.
- Investment Amount: The Company and its subsidiaries plan to use no more than RMB 200 million of idle funds for entrusted wealth management. Within this limit, funds can be used in a rolling manner, and the transaction amount at any point during the term (including the reinvestment of the aforementioned investment returns) shall not exceed the above investment limit.
- Special Risk Reminder: The Company and its subsidiaries will choose wealth management products with good liquidity, high safety, and relatively high investment returns for entrusted wealth management. However, the financial market is greatly affected by macroeconomic policies, and it cannot be ruled out that this investment may be affected by market fluctuations. The Company and its subsidiaries will intervene appropriately based on economic conditions and changes in the financial market. Investors are advised to pay attention to investment risks.
On April 17, 2026, Gu De Electric Materials System (Suzhou) Co., Ltd. held the 18th meeting of the 5th Board of Directors, where it reviewed and approved the proposal on the use of idle funds for entrusted wealth management in 2026. The board agreed to use no more than RMB 200 million of idle funds for entrusted wealth management, provided that it does not affect normal operations and risks are controllable. This matter has been reviewed and approved by the Company's Audit Committee, and the Company's sponsor, Dongwu Securities Co., Ltd., has issued a non-objection verification opinion. This matter still needs to be submitted to the Company's 2025 Annual General Meeting for deliberation. The relevant matters are announced as follows:
1. Basic Situation of Entrusted Wealth Management
(1) Investment Purpose
To improve the efficiency of fund utilization, without affecting the normal operations of the Company and ensuring controllable risks, the Company will reasonably use temporarily idle funds for entrusted wealth management by purchasing financial institution wealth management products, thereby increasing the Company's income, better preserving and increasing the value of the Company's funds, and safeguarding the interests of shareholders.