Core Viewpoint - The company Zhejiang Shuaifeng Electric Co., Ltd. has utilized part of its idle raised funds for cash management, specifically through the purchase of low-risk financial products, ensuring that this does not affect its daily operations or the use of raised funds for intended projects [1][3]. Group 1: Cash Management Details - As of October 14, 2025, the company has redeemed a total of RMB 43 million from a treasury reverse repurchase agreement, with all principal and returns returned to the dedicated fundraising account [1]. - The company has a remaining amount of RMB 10 million in idle raised funds for cash management that has not yet matured [5]. - The company’s cash management strategy is limited to safe, high liquidity, and principal-protected financial products with a maximum investment period of 12 months [2][4]. Group 2: Financial Impact - The use of idle funds for cash management does not alter the intended use of raised funds or affect the construction of investment projects [3]. - This strategy aims to enhance the efficiency of fund utilization and generate additional investment returns, ultimately benefiting shareholders [3]. Group 3: Approval Process - The company’s board of directors and supervisory board approved the cash management plan on December 27, 2024, allowing for the use of up to RMB 65 million for safe and liquid investment products [4]. - The decision was supported by the supervisory board and the sponsor institution, ensuring compliance with regulatory requirements [4]. Group 4: Risk Management Measures - The company has established a robust risk control framework, including pre-investment audits and ongoing supervision by the audit department and supervisory board [2]. - Specific measures include assessing risks before investment and ensuring that cash management does not interfere with daily operations [2].

Core Points - The company has completed the non-trading transfer of its 2025 employee stock ownership plan, with a total of 73 employees participating and subscribing to 16,575,400 shares at a price of 9.26 yuan per share [2][3][6] - The employee stock ownership plan will last for 36 months and includes performance assessments for the years 2025 and 2026, with shares vesting in two phases [3][6] - A management committee has been established to oversee the employee stock ownership plan, consisting of three members, and has been authorized to manage related matters [8][9] Summary by Sections Employee Stock Ownership Plan Implementation - The company held meetings to approve the employee stock ownership plan and confirmed the participation of 73 employees who collectively subscribed to 16,575,400 shares [2][6] - The shares were transferred to the employee stock ownership plan account on October 10, 2025, with the total shares representing 0.9524% of the company's total share capital [2][3] Management Committee Formation - A management committee was established to ensure the smooth operation of the employee stock ownership plan, with members elected during the first meeting [6][8] - The committee is responsible for daily management, including handling the stock account, representing shareholders' rights, and managing the plan's assets [9]

Core Viewpoint - Shanghai Liangxin Electric Co., Ltd. has approved the use of up to RMB 200 million of temporarily idle raised funds for cash management, ensuring that it does not affect the normal operation of fundraising projects [1] Group 1: Cash Management Plan - The company will use the idle funds to invest in safe and liquid principal-protected investment products [1] - The cash management will be executed through structured deposit agreements with China Merchants Bank and Industrial Bank [1] Group 2: Impact on Daily Operations - The investment in structured deposits is designed to enhance fund utilization efficiency and generate investment returns without altering the intended use of the raised funds [6] - As of the announcement date, the total amount of idle funds used for cash management that has not yet matured is RMB 200 million, which is within the approved limit [6]

Core Viewpoint - Guangdong Xinbao Electric Co., Ltd. has announced its 2025 interim cash dividend distribution plan, which includes a total cash dividend of 120,827,862.00 yuan, with a distribution of 1.50 yuan per 10 shares for eligible shareholders [3][4][5]. Group 1: Dividend Distribution Plan - The 2025 interim profit distribution plan was approved at the first extraordinary general meeting of shareholders held on September 18, 2025 [3]. - The cash dividend will be distributed based on the total share capital of 811,875,780 shares, excluding 6,356,700 shares held in the company's repurchase account, resulting in a base of 805,519,080 shares for the distribution [2][3]. - The actual cash dividend per share after the distribution will be calculated as 0.1488255 yuan per share, based on the total cash dividend divided by the total share capital [9]. Group 2: Dividend Payment Dates and Methods - The record date for the dividend distribution is set for October 16, 2025, and the ex-dividend date is October 17, 2025 [8]. - The cash dividends will be directly credited to the accounts of shareholders through their respective securities companies on the ex-dividend date [9]. - Shareholders holding shares in the repurchase account will not participate in the profit distribution [8]. Group 3: Taxation and Compliance - The company will not withhold individual income tax for certain shareholders, and tax will be calculated based on the holding period of the shares when they are sold [7]. - The distribution plan complies with the relevant regulations of the Company Law and the Shenzhen Stock Exchange [2][8].

Group 1 - The company OJH (SZ 002614) announced the convening of its 11th meeting of the 6th Board of Directors on September 15, 2025, in Xiamen, focusing on the election of new members for the Compensation and Assessment Committee [1] - For the first half of 2025, OJH's revenue composition was as follows: 42.88% from massage home appliances, 29.7% from small massage devices, 14.84% from health environment products, 9.53% from other categories, and 3.05% from other business [1] - As of the report date, OJH's market capitalization stood at 4.3 billion yuan [1]

Core Insights - Jiangyin Xingmailong Electric Co., Ltd. has been established with a registered capital of 100,000 RMB and is represented by Li Yanping [1] Company Overview - The company is engaged in various business activities including technology services, development, consulting, and transfer [1] - It operates in retail and wholesale of kitchenware, daily necessities, and home appliances [1] - The company also provides services related to the installation and repair of household electrical appliances and equipment [1] Business Scope - The business scope includes sales of refrigeration and air conditioning equipment, as well as mechanical equipment leasing [1] - It is involved in the recycling of production waste metals, subject to legal approvals [1] - The company offers professional cleaning, disinfection services, and sales of electronic components and electromechanical equipment [1]

Core Viewpoint - Yangjiang Jingxi Electric Appliance Co., Ltd. has been established with a registered capital of 1 million RMB, indicating a new player in the electric appliance industry [1] Company Summary - The legal representative of the company is Guan Huanle, which may suggest a local leadership presence [1] - The company’s business scope includes a wide range of activities such as sales of household appliances, refrigeration and air conditioning equipment, and various electronic components [1] - The company is also involved in technical services, development, consulting, and technology transfer, indicating a focus on innovation and service [1] Industry Summary - The establishment of this company reflects ongoing growth and diversification in the electric appliance sector, particularly in the sales and service of home appliances and related equipment [1] - The wide range of products and services offered suggests a competitive strategy to capture various market segments within the electric appliance industry [1]

Core Viewpoint - Recently, Lianyungang Jilu Electric Appliance Co., Ltd. was established with a registered capital of 500,000 RMB, indicating a new player in the home appliance industry [1] Company Summary - The legal representative of Lianyungang Jilu Electric Appliance Co., Ltd. is Sun Yujiao [1] - The company has a registered capital of 500,000 RMB [1] Business Scope - The business scope includes general projects such as: - Sales of household appliances - Retail of daily household appliances - Repair of daily electrical appliances - Sales of household appliance spare parts - Sales of audio equipment - Sales of electrical accessories - Sales of electronic products - Retail and wholesale of electronic components - Sales of power electronic components - Sales of distribution switch control equipment - Sales of electrical materials - Sales of lighting fixtures - Wholesale and retail of kitchenware and daily miscellaneous goods - Installation and maintenance services for furniture - General equipment repair - Professional cleaning, disinfection, and sanitation services - Installation services for household appliances (excluding projects that require approval) [1]

Meeting Overview - The fourth temporary shareholders' meeting of Zhejiang Biyi Electric Co., Ltd. was held on September 10, 2025, at the company's conference room in Ningbo, Zhejiang Province [2][3] - The meeting was convened by the board of directors and was presided over by the chairman, Wen Jiwang, using a combination of on-site and online voting methods, complying with the Company Law and the company's articles of association [2][3] Resolutions Passed - Three resolutions were reviewed and passed during the meeting: 1. Amendment to the Articles of Association and handling of business registration changes [3][4] 2. Cancellation of the Supervisory Board and abolition of the Supervisory Meeting Rules [3][4] 3. Revision of several governance systems of the company [3][4] - The first resolution was a special resolution, requiring more than two-thirds of the voting rights held by attending shareholders to pass, while the second and third resolutions were ordinary resolutions, requiring more than half [4] Legal Compliance - The meeting was witnessed by Zhejiang Yangming Law Firm, with lawyers Jian Li and Lou Xin confirming that the convening and procedures of the meeting complied with legal regulations and the company's articles of association [4] Employee Director Election - On the same day, the company held its second employee representative assembly, where Jin Xiaohong was elected as the employee director of the second board of directors [6][10] - Jin Xiaohong, previously a non-independent director, will now serve as the employee director, with her term lasting until the end of the current board's term [6][10] Qualifications of Employee Director - Jin Xiaohong meets all legal and regulatory requirements for the position of director and does not fall under any disqualifying conditions as per the Company Law and the Shanghai Stock Exchange listing rules [7][10]

Group 1 - The board of directors of Zhejiang Shuaifeng Electric Co., Ltd. held its 14th meeting of the third session on August 27, 2025, to discuss various proposals [1] - The meeting was conducted in accordance with relevant laws and regulations, with all necessary members present [1] - The board approved the 2025 semi-annual report and summary to reflect the company's operational results and financial status [2] Group 2 - The board also approved a special report on the management and use of raised funds as of June 30, 2025, to ensure compliance with regulatory requirements [2] - The voting results for the proposals were unanimous, with 7 votes in favor and no votes against or abstentions [2] - Additionally, the board approved a semi-annual evaluation report on the "Quality Improvement and Efficiency Enhancement" action plan for 2025, aimed at promoting high-quality development [3]