浙江万安科技股份有限公司关于使用自有资金购买理财产品的进展公告

Core Viewpoint - The company has approved the use of idle funds to purchase financial products, aiming to enhance fund utilization efficiency and profitability without affecting normal operations [1][5]. Group 1: Financial Product Purchases - The company has decided to use up to RMB 200 million of idle funds for purchasing financial products, with a rolling usage within one year from the shareholder meeting resolution [1]. - The company has recently invested RMB 50 million in a financial product from Bank of Communications, with no related party relationship [1]. - The wholly-owned subsidiary, Zhejiang Wan'an Intelligent Drive Automotive Electronics Technology Co., Ltd., has invested RMB 20 million in a financial product from Zheshang Bank, also with no related party relationship [1]. - The controlling subsidiary, Guangxi Wan'an Automotive Chassis System Co., Ltd., has invested RMB 10 million in a financial product from Zheshang Bank and RMB 15 million from China Construction Bank, both with no related party relationships [2]. Group 2: Approval Process - The purchase of financial products was approved in the 17th meeting of the 6th Board of Directors, the 15th meeting of the 6th Supervisory Board, and the 2024 annual shareholder meeting, all within the approved limits [3]. Group 3: Investment Risk Analysis - The purchased financial products are principal-protected structured deposits, with the finance department responsible for managing the investments and monitoring risks [4]. Group 4: Impact on the Company - The investment in financial products is expected to improve fund utilization efficiency and profitability, positively impacting the company's earnings without disrupting normal business operations [5]. Group 5: Previous Financial Product Purchases - As of the announcement date, the company had not previously purchased any financial products, excluding the current transactions [6].