关于闲置自有资金现金管理到期赎回的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导 性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及 江苏江南高纤股份有限公司（以下简称"公司"）于 2024 年 4 月 14 日召开 第八届董事会第十次会议，审议通过了《关于使用闲置自有资金继续进行现金管 理的议案》，同意公司及子公司在确保日常经营资金需求和资金安全的前提下， 使用闲置自有资金进行现金管理，购买低风险、流动性好的产品，包括但不限于 银行理财产品、结构性存款、收益凭证、大额存单，使用额度不超过人民币 6 亿元，在上述额度内可以滚动使用，现金管理期限自董事会审议通过之日起 12 个月。授权总经理或其授权人士行使该项投资决策权并签署相关合同或协议等文 件资料，并由公司财务部组织实施相关事宜。具体内容详见 2024 年 4 月 16 日在 上海证券交易所网站（www.sse.com.cn）披露的《关于使用闲置自有资金继续进 行现金管理的公告》（公告编号：2024-027） 公司于 2025 年 4 月 19 日召开第八届董事会第十七次会议，审议通过了《关 于使用闲置自有资金进行现金管理 ...

Core Viewpoint - The company has approved the use of idle self-owned funds for cash management, not exceeding RMB 350 million, to enhance fund utilization efficiency and increase returns for shareholders [24][26][28]. Group 1: Company Overview - The company is named Jinan Hengyu Environmental Technology Co., Ltd. and is listed under the stock code 688309 [3]. - The company has not undergone any changes in its controlling shareholder or actual controller [4]. Group 2: Financial Data - The company has not disclosed specific financial data in the provided documents [2][3]. Group 3: Board and Supervisory Meetings - The fourth board and supervisory meetings were held on August 26, 2025, with all members present, and the resolutions passed were deemed legal and effective [5][6][8]. - The supervisory board approved the company's half-year report and the special report on the use of raised funds [10][11]. Group 4: Cash Management Plan - The company plans to use idle self-owned funds for cash management, focusing on high-security, high-liquidity investment products, with a maximum investment period of 12 months [24][30][32]. - The cash management will not affect the company's normal operations or its main business development [32]. Group 5: Stock Incentive Plan - The company has decided to cancel a total of 644,464 shares of unvested restricted stock due to certain incentive targets not being met and some recipients leaving the company [19][42][43]. - The cancellation of these shares will not materially impact the company's financial status or operational results [44].

Group 1 - The company held its 24th meeting of the 5th Supervisory Board on July 24, 2025, with all members present and the meeting conducted in accordance with relevant laws and regulations [1] - The Supervisory Board approved the proposal to continue using part of the idle raised funds for cash management, confirming compliance with regulatory requirements and ensuring no impact on the normal operation of fundraising projects [2] - The Supervisory Board also approved the proposal to continue using part of the idle self-owned funds for cash management, emphasizing the improvement of fund utilization efficiency and the benefit to all shareholders [2][3]

Core Viewpoint - The company plans to utilize idle funds for cash management, increasing the limit to a maximum of RMB 600 million, aiming to enhance the efficiency of fund usage and generate investment returns for shareholders [1][2]. Investment Overview - The company and its wholly-owned subsidiaries will use idle self-owned funds not exceeding RMB 400 million for cash management, with a total limit of RMB 600 million [1][2]. - The investment strategy focuses on low-risk financial products to ensure safety and liquidity while meeting operational funding needs [1]. Approval Process - The board of directors and the supervisory board approved the cash management proposal in meetings held on April 18, 2025, and July 17, 2025, respectively [2]. - The proposal will be submitted for review at the company's second extraordinary general meeting of shareholders in 2025 [2]. Risk Analysis and Control Measures - The company identifies several risks including market risk, liquidity risk, credit risk, operational risk, and force majeure risk [3][4]. - To mitigate these risks, the company will adhere to prudent investment principles, maintain a dedicated ledger for financial products, and allow board oversight of fund usage [4]. Impact on Operations - The cash management initiative will not affect the company's normal operations or cash flow, aiming to improve the efficiency of self-owned funds and generate investment returns for shareholders [4][5]. - The company will comply with accounting standards for financial reporting, with results subject to annual audits [4]. Supervisory Board Opinion - The supervisory board supports the cash management proposal, stating it will enhance fund usage efficiency and will not harm the interests of the company or its shareholders [5].

Group 1 - The company held its fourth supervisory board meeting on July 11, 2025, with all three supervisors present, and the meeting was deemed legally valid [1] - The supervisory board approved the proposal to abolish the supervisory board, transferring its powers to the audit committee of the board of directors, pending approval from the shareholders' meeting [1][2] - The board will continue to fulfill its responsibilities until the shareholders' meeting votes on the proposal to cancel the supervisory board [1] Group 2 - The supervisory board approved the use of idle self-owned funds for cash management, allowing investments up to 500 million RMB in low-risk, high-liquidity financial products for a period of twelve months starting from August 25, 2025 [2][3] - The decision aims to enhance the efficiency of fund utilization and increase investment returns without harming the interests of the company and all shareholders, especially minority shareholders [2]

Core Viewpoint - The company has approved the use of idle self-owned funds for cash management, allowing for investments up to RMB 400 million in low-risk, high-liquidity financial products with a maturity of no more than 12 months [1]. Group 1: Cash Management Approval - The company and its subsidiaries can utilize up to RMB 400 million of idle self-owned funds for cash management, as approved in the second extraordinary general meeting of shareholders on May 30, 2025 [1]. - The investment products must have high safety, good liquidity, and a capital protection agreement, with a usage period effective for 12 months from the date of approval [1]. Group 2: Investment Products Overview - Recent cash management activities include various financial products, such as structured deposits and certificates, with expected annual returns ranging from 0.70% to 3.00% [1]. - The total amount of idle self-owned funds used for cash management in the past twelve months, including the current approval, is RMB 155 million, which is within the approved limit [3]. Group 3: Approval Process - The proposal for cash management has been reviewed and approved by the company's board of directors, supervisory board, and the extraordinary general meeting of shareholders [1]. - The purchase of financial products falls within the approved limits and does not require further board or shareholder approval [1]. Group 4: Impact on Company - The use of idle funds for low-risk financial products is expected to enhance the efficiency of fund utilization and improve overall company performance, benefiting shareholders [2][3]. - The cash management strategy ensures that daily operations and normal business activities are not affected, maintaining liquidity for the company's core operations [2].

Core Points - The company held its 23rd meeting of the 4th Supervisory Board on June 20, 2025, to discuss key resolutions [1][2] - The Supervisory Board approved adjustments to the grant prices for the 2022 and 2024 restricted stock incentive plans, setting the prices at 32.83 yuan/share and 20.04 yuan/share respectively [1][2] - The Board also approved the use of idle self-owned funds for cash management, ensuring that it does not affect the company's normal operations and prioritizes fund safety [2] Meeting Details - The meeting was convened in accordance with the Company Law and relevant regulations, with all three supervisors present [1] - The resolutions were passed unanimously with 3 votes in favor, and no votes against or abstentions [2] Financial Management - The decision to use idle funds for cash management aims to enhance fund utilization efficiency and secure good returns on investments [2]

Meeting Information - The company will hold its second extraordinary general meeting of shareholders on June 16, 2025, at 15:00 [1] - The meeting will be conducted both in-person and via online voting through the Shenzhen Stock Exchange systems [1][3] - Shareholders can register for the meeting from June 12, 2025, and must choose between in-person or online voting [3][4] Shareholder Rights - All shareholders registered by June 10, 2025, have the right to attend the meeting and can appoint proxies to vote on their behalf [2] - The meeting will include a proposal for using idle funds for cash management, which has been approved by the board [2][6] Voting Procedures - Voting will be non-cumulative, and shareholders can express their opinions as agree, disagree, or abstain [4] - The first valid vote will be considered for any repeated voting on the same proposal [4] Registration Process - Corporate shareholders must provide specific documentation for registration, while individual shareholders need to present their ID and securities account [3] - Remote shareholders can register via mail, email, or fax, with a deadline of June 12, 2025, at 17:00 [3] Contact Information - The company has provided contact details for inquiries related to the meeting, including a phone number and email address [3]