Heilongjiang Guozhong Water Co., Ltd. Announcement on the Redemption of Part of the Idle Raised Funds for Cash Management

Stock Code: 600187
Stock Abbreviation: Guozhong Water
Number: Lin 2026-008

Heilongjiang Guozhong Water Co., Ltd.

Announcement on Using Part of Idle Raised Funds for Cash Management and Redemption

The company’s board of directors and all directors guarantee that the content of this announcement is free from any false records, misleading statements, or major omissions, and bear individual and joint responsibility for its authenticity, accuracy, and completeness.

Heilongjiang Guozhong Water Co., Ltd. (hereinafter referred to as “the Company”) held the 11th meeting of the 9th Board of Directors and the 8th meeting of the 9th Supervisory Committee on May 8, 2025, which approved the “Proposal on Using Part of Idle Raised Funds to Purchase Bank Wealth Management Products.” The Company and its subsidiaries plan to use no more than 100 million yuan (including 100 million yuan) of idle raised funds to purchase bank wealth management products, which are intended to be safe, highly liquid, and have capital protection agreements. Within one year from the date of approval by the Board, the above funds can be used on a rolling basis. The Board of Directors authorizes the Chairman to make investment decisions within the valid period and the above limit. The Supervisory Committee and the sponsor institutions have expressed clear approval of this proposal.

On January 29, 2026, the Company conducted a structured deposit business with Shanghai Rural Commercial Bank, Yan’an West Road Branch. Recently, the wealth management product has matured, and the redemption procedures have been completed. The principal and earnings have been returned to the corresponding raised funds account.

Details of this redemption are as follows:

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This announcement is hereby made.

Board of Directors of Heilongjiang Guozhong Water Co., Ltd.
March 17, 2026