Full engine power: Using 30 million yuan of its own funds to purchase securities firm financial products.

On February 5th, Quanchai Power announced that the company has used 30 million yuan of its own funds to purchase GF Securities' income certificate "Yield Treasure" No. 11, with an expected annualized return of 1.00% / not capped, and an expected return amount of 148,800 yuan / not capped, with a term of 181 days. This investment was approved by the 9th Board of Directors meeting, the 9th Supervisory Board meeting, and the 2024 Annual General Meeting. The company stated that although investing in financial products is considered low-risk, the financial market is greatly impacted by macroeconomic factors, and it is not excluded that the returns from this cash management investment may be affected by market fluctuations in the future.