Fangda Carbon: plans to use its own funds to purchase financial products with a total amount not exceeding 1.6 billion yuan.

Fangda Carbon announced that the company and its subsidiary plan to use their own funds to purchase high-security and high-liquidity financial products, with a total amount not exceeding 1.6 billion RMB. This matter falls within the approval authority of the board of directors and does not require approval from the shareholders' meeting. The approval by the board of directors is valid for 12 months from the date of approval. Within the above-mentioned limit, the funds can be used in a rolling manner, and the profits obtained can be reinvested.