Hengli Hydraulics: It plans to use its own funds not exceeding RMB 3 billion for entrusted wealth management investments.

Hengli Hydraulic announced that the company plans to use its own funds not exceeding RMB 3 billion for entrusted financial management investments. Within the above-mentioned limit, funds can be used in a rolling manner, but the total amount of financial products held at any one point in time that have not yet expired shall not exceed RMB 3 billion. The investment objective is to improve the efficiency of fund utilization, make rational use of own funds, increase company income, and conduct cash management in a reasonable manner. The investment method is to purchase low-risk, highly liquid short-term financial products, including but not limited to fixed-income financial products, treasury bond reverse repurchase agreements, money market funds, trust products, and directed asset management plans. The investment decision has been approved by the 15th meeting of the 5th Board of Directors and the 14th meeting of the 5th Board of Supervisors of the company.