Core Viewpoint - The company has approved the use of idle raised funds for cash management, allowing for investments in safe and liquid financial products, with a maximum amount of RMB 65 million [1] Group 1: Cash Management Progress - On October 15, 2025, the company redeemed RMB 42 million from investments in government bond reverse repos, with all principal and returns returned to the dedicated fundraising account [2] - The annualized return calculation does not account for transaction fees [2] Group 2: Impact on the Company - The use of idle raised funds for cash management does not affect the construction of fundraising projects or the intended use of funds, ensuring compliance with regulations [3] - Cash management is conducted under the premise of ensuring daily operations and fund safety, enhancing fund efficiency and potentially increasing overall performance for shareholders [3] - The accounting treatment for cash management will classify the principal as "trading financial assets" or "other non-current assets," with returns recorded as "investment income" or "interest income" in the profit statement [3] Group 3: Recent Fund Management Situation - In the last 12 months, the highest single-day investment amount did not exceed the approved cash management limit of RMB 320 million, and the current maximum authorization for cash management is RMB 65 million [5]

Core Viewpoint - The establishment of Foshan Jingmei Electric Appliance Co., Ltd. indicates a growing interest in the home appliance manufacturing sector in China, with a focus on various related activities such as research, sales, and import-export operations [1] Company Summary - Foshan Jingmei Electric Appliance Co., Ltd. has been recently founded with a registered capital of 100,000 RMB [1] - The legal representative of the company is Li Xiaojun [1] - The company’s business scope includes manufacturing home appliances, electrical accessories, and conducting research and sales related to home appliances [1] Industry Summary - The company is involved in a wide range of activities within the home appliance industry, including: - General manufacturing of home appliances - Research and development of home appliances - Retail and wholesale of daily household goods and kitchenware [1] - The company is also authorized to produce electric food processing equipment, subject to regulatory approvals [1]

Core Points - Shenzhen Stock Exchange announced the information disclosure evaluation results for listed companies in 2024-2025, with Guangdong Xinbao Electric Co., Ltd. receiving the highest "A" rating for the ninth consecutive year, reflecting strong recognition from regulatory authorities for the company's governance and investor relations [1][2] - A total of 5,366 companies participated in the evaluation, with 1,001 companies rated "A" (18.65%), and only 114 companies rated "A" for nine years or more (2.12%), highlighting Xinbao's consistent excellence in information disclosure [1] - Xinbao emphasizes high-quality information disclosure as a cornerstone of corporate governance, continuously improving its compliance system and governance structure to enhance operational governance and risk control capabilities [1][2] Company Actions - Xinbao has optimized its information disclosure mechanism to be investor demand-oriented, using multiple channels to communicate company value and enhance market influence [2] - The company has implemented a "quality return dual enhancement" action plan, repurchasing shares worth 80 million yuan in 2024 and nearly 100 million yuan in 2025 for employee stock ownership plans, and has distributed cash dividends of approximately 121 million yuan in 2025 [2] - Since its listing, Xinbao has distributed a total of 3.195 billion yuan in dividends and spent about 610 million yuan on share repurchases, ensuring that investors benefit from the company's growth [2] Future Outlook - Xinbao plans to continue focusing on its development strategy while enhancing information disclosure quality and corporate governance effectiveness, aiming to protect investors' rights and create long-term, stable value returns for shareholders [2]

Core Points - A new company, Foshan Hachu Electric Appliance Co., Ltd., has been established with a registered capital of 100,000 RMB [1] - The legal representative of the company is Ruan Niansheng [1] Business Scope - The company is engaged in the sales of household appliances and specialized equipment for commercial and food services [1] - It also sells electric food processing equipment, ovens, furnaces, and electric stoves [1] - Additional activities include wholesale of kitchenware, daily necessities, and metal products [1] - The company provides repair services for daily electrical appliances and installation services for household appliances [1] - It is involved in the sales of electronic products, hardware products, and internet sales (excluding items requiring permits) [1] - The company can conduct business activities independently based on its business license, except for projects that require approval [1]

Core Points - The company has provided guarantees to its subsidiaries to support their operational funding needs and ensure stable business development [1][14] - The total amount of guarantees provided by the company and its subsidiaries is 1.371 billion RMB, accounting for 56.17% of the company's latest audited net assets [16] Group 1: Guarantee Details - On October 13, 2025, the company’s subsidiary, Qingdao Aokema Life Electric Co., Ltd., signed a maximum guarantee contract with Agricultural Bank of China, providing a joint liability guarantee of up to 81 million RMB for Qingdao Aokema Import and Export Co., Ltd. from October 13, 2025, to October 12, 2026 [1][4] - The company also signed a maximum guarantee contract with China Everbright Bank, providing a joint liability guarantee of up to 10 million RMB for Qingdao Aokema Smart Home Co., Ltd. for the same period [1][10] - The company has authorized a total guarantee amount not exceeding 3.07 billion RMB for the fiscal year 2025, which includes ongoing guarantees [2][15] Group 2: Internal Decision-Making Process - The company’s board approved the financing and guarantee business for the fiscal year 2025 on April 29, 2025, which was subsequently ratified at the annual general meeting on May 23, 2025 [2][15] - The guarantees provided are within the scope of the board's approval and do not require further review [3][15] Group 3: Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary to meet the daily operational funding needs of the subsidiaries, contributing to their stable operations and the overall development of the company [14] - The company maintains effective control and management over the subsidiaries, allowing for timely monitoring of their credit status and performance capabilities [14]

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]