NBGF(SH:603788) Shang Hai Zheng Quan Bao·2025-09-25 21:13Group 1 - Ningbo Gaofa Automotive Control System Co., Ltd. announced the change of registered address for its wholly-owned subsidiary, Ningbo Gaofa New Energy Vehicle Components Co., Ltd., to align with its actual operational needs [1][2] - The new registered address is located at 255 Shenmingting Road, Jiangbei District, Ningbo, Zhejiang Province, with the previous address being 8 Changxing Road, Jiangbei District, Ningbo [2] - The change in address is expected to have no adverse impact on the company, as it reflects the completion of the main construction of the factory [2] Group 2 - The company has authorized the use of idle self-owned funds for financial management, with a maximum amount not exceeding RMB 500 million [5] - As of the announcement date, the company has utilized RMB 228 million of idle funds to purchase wealth management products from various financial institutions, including Bank of Communications and Shanghai Pudong Development Bank [6] - The investment in wealth management products is conducted while ensuring that the company's normal operations and cash flow are not affected [6][7]