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Hefei Taihe Intelligent Technology Group Co., Ltd., a joint-stock company, announces the use of part of its idle raised funds for cash management.
Log in to the Sina Finance APP and search for [Information Disclosure] to view more evaluation levels.
Stock code: 603656 Stock abbreviation: Taihe Intelligent Announcement No.: 2026-025
Hefei Taihe Intelligent Technology Group Co., Ltd.
Announcement on the Use of Part of the Idle Raised Funds for Cash Management
The Board of Directors and all directors of the company guarantee that the content of this announcement does not contain any false records, misleading statements, or major omissions, and they bear legal responsibility for the authenticity, accuracy, and completeness of its content.
Important content reminder:
● Basic situation
■
● Review procedures completed: Hefei Taihe Intelligent Technology Group Co., Ltd. (hereinafter referred to as “the Company”) held the 17th meeting of the 5th Board of Directors on March 27, 2026, and reviewed and approved the proposal on the use of part of the idle raised funds for cash management, agreeing that the Company could use no more than 35,000.00 ten thousand yuan of idle raised funds to purchase capital preservation cash management products with high safety and good liquidity (including but not limited to large certificates of deposit, time deposits, agreed deposits, notice deposits, structured deposits, income certificates, etc.) under the condition that it does not affect the construction of investment projects funded by the raised funds and the normal operation of the Company. Within the above limit, funds can be used in a rolling manner, with the authorization period effective for 12 months from the date of approval by the Board of Directors.
● Special risk reminder: The intended use of idle raised funds for cash management to purchase high-safety, good-liquidity capital preservation cash management products is considered a low-risk investment product, but the financial market is greatly affected by macroeconomic, fiscal, and monetary policies, and the possibility that this investment may be affected by market fluctuations cannot be excluded.
(1) Purpose of cash management
Without affecting the construction of investment projects funded by raised funds and the normal operation of the Company, the Company can reasonably use part of the idle raised funds for cash management to improve capital utilization efficiency, increase company revenue, and seek more investment returns for shareholders.
(2) Source of funds
The funds all come from the temporarily idle raised funds from the Company’s initial public offering and non-public offering of shares.
Raised funds situation
(1) Situation of raised funds from the initial public offering
Approved by the China Securities Regulatory Commission, document No. [2017]312, the Company publicly issued 18,990,000 shares of RMB ordinary shares (A shares) at an issue price of 21.91 yuan per share, raising a total of 416,070,900 yuan. After deducting various issuance costs of 48,558,000 yuan (including value-added tax), the net amount of raised funds is 367,512,900 yuan. The above funds were received in March 2017. The receipt of these funds has been verified by Huapu Tianjian Accounting Firm (Special General Partnership), verification report No. [2017]1855.
The investment projects funded by the raised funds from the Company’s initial public offering are as follows:
■
Note: The adjusted total investment amount includes the income received from cash management of idle raised funds from already completed investment projects and the net interest income obtained during the bank deposit period, hence the adjusted total investment amount is greater than the total committed amount of raised funds.
(2) Situation of raised funds from non-public offering
Approved by the China Securities Regulatory Commission, document No. [2022]2135, the Company issued 31,329,758 shares of RMB ordinary shares (A shares) in a non-public manner at an issue price of 11.19 yuan per share, raising a total of 350,580,000 yuan. After deducting various issuance costs of 6,086,200 yuan (excluding value-added tax), the net amount of raised funds is 344,493,800 yuan. The above funds were received in March 2023. The receipt of these funds has been verified by Rongcheng Accounting Firm (Special General Partnership), verification report No. [2023]230Z0056. The Company has stored the raised funds in a dedicated account.
The investment projects funded by the raised funds from the Company’s non-public offering are as follows:
■
Note: 1. The actual net amount of raised funds from this non-public offering after deducting related issuance costs is less than the planned investment amount in the Company’s “2022 Non-Public Offering A Shares Plan,” and the funding shortfall will be resolved by the Company through other means as necessary.
(3) Investment amount
The Company intends to use no more than 35,000.00 ten thousand yuan of idle raised funds for cash management. Within the validity period of the resolution, the Company may use funds in a rolling manner based on the cash management period within the available amount.
(4) Investment categories
To control the risk of fund usage, the Company intends to use idle raised funds to purchase capital preservation cash management products with high safety and good liquidity (including but not limited to large certificates of deposit, time deposits, agreed deposits, notice deposits, structured deposits, income certificates, etc.). Investment products may not be pledged.
(5) Authorization period and investment period
The effective period for using idle raised funds for cash management is 12 months from the date of approval by the Company’s Board of Directors. During the above effective period, the investment period for each cash management product purchased by the Company may not exceed 12 months.
(6) Implementation method
The Company authorizes the management to specifically implement and handle related matters within the above limit, including but not limited to: selecting qualified professional cash management institutions as trustees, specifying the amount, period for entrusted cash management, selecting types of entrusted cash management products, signing contracts and agreements, etc.
The Company held the 17th meeting of the 5th Board of Directors on March 27, 2026, which reviewed and approved the proposal on the use of part of the idle raised funds for cash management. This matter is within the approval authority of the Board of Directors and does not need to be submitted to the shareholders’ meeting for review.
The Company’s use of part of the idle raised funds for cash management has completed the necessary review procedures and complies with relevant regulatory requirements.
(1) Investment risks
The intended use of idle raised funds for cash management to purchase high-safety, good-liquidity capital preservation cash management products is considered a low-risk investment product, but the financial market is greatly affected by macroeconomic, fiscal, and monetary policies, and the possibility that this investment may be affected by market fluctuations cannot be excluded.
(2) Risk control measures
Relevant personnel in the Company’s finance department will promptly analyze and track the direction of cash management products and project progress. If risk factors that may affect the Company’s fund safety are assessed, corresponding measures will be taken in a timely manner to control cash management risks.
Independent directors have the right to supervise and inspect the use of funds, and may hire professional institutions for auditing when necessary.
The Company’s finance department must establish a ledger to manage the purchased cash management products, establish and improve accounting records, and ensure proper accounting for the use of funds.
The above cash management products may not be used as collateral. If a special settlement account for the products needs to be opened, the account must not hold any non-raised funds or be used for other purposes.
The Company will fulfill its information disclosure obligations in a timely manner in accordance with the relevant regulations of the Shanghai Stock Exchange.
Impact on the Company
The Company’s use of part of the idle raised funds for cash management is conducted under the premise of ensuring the funds needed for the Company’s investment projects funded by raised funds and ensuring the safety of raised funds. There is no situation of changing the purpose of raised funds in disguise, and it does not affect the normal turnover needs of the Company’s daily funds, nor does it affect the normal operation of investment projects funded by raised funds, or the normal development of the Company’s main business. At the same time, it can improve capital utilization efficiency, obtain certain investment income, and seek more investment returns for the Company and its shareholders.
According to the new financial instruments standards issued by the Ministry of Finance, the cash management products purchased by the Company will be recorded under “Trading Financial Assets” on the balance sheet, interest income will be recorded under “Investment Income” on the income statement, and fair value changes will be recorded under “Fair Value Change Income” on the income statement.
After verification, the sponsor institution believes that the Company’s use of temporarily idle raised funds for cash management has been approved by the Company’s Board of Directors. The Company’s use of temporarily idle raised funds for cash management complies with the “Regulations on the Supervision of Raised Funds of Listed Companies,” “Shanghai Stock Exchange Listing Rules,” “Shanghai Stock Exchange Self-Regulatory Guidelines No. 1 for Listed Companies,” and other laws and regulations, normative documents, as well as the Company’s “Management Measures for Raised Funds,” and does not involve changing the purpose of raised funds in disguise, nor does it affect the normal progress of the raised funds investment plan, and can improve capital utilization efficiency, which is in the interests of the Company and all shareholders.
In summary, the sponsor institution has no objection to the Company’s implementation of the use of part of the temporarily idle raised funds for cash management.
This announcement is made.
Hefei Taihe Intelligent Technology Group Co., Ltd. Board of Directors
March 28, 2026
Stock code: 603656 Stock abbreviation: Taihe Intelligent Announcement No.: 2026-026
Hefei Taihe Intelligent Technology Group Co., Ltd.
Announcement on the Use of Idle Self-owned Funds to Purchase Financial Products
The Board of Directors and all directors of the company guarantee that the content of this announcement does not contain any false records, misleading statements, or major omissions, and they bear legal responsibility for the authenticity, accuracy, and completeness of its content.
Important content reminder:
● Basic situation
■
● Review procedures completed: Hefei Taihe Intelligent Technology Group Co., Ltd. (hereinafter referred to as “the Company”) held the 17th meeting of the 5th Board of Directors on March 27, 2026, and reviewed and approved the proposal on the use of idle self-owned funds to purchase financial products, agreeing that the Company could use no more than 25,000.00 ten thousand yuan of idle self-owned funds to purchase high-safety, good-liquidity, medium-low risk financial products, under the premise that it does not affect normal production and operation. Within the above limit, funds can be used in a rolling manner, with the authorization period effective for 12 months from the date of approval by the Board of Directors.
● Special risk reminder: The financial products the Company intends to purchase are considered short-term medium-low risk products, but the financial market is greatly affected by macroeconomic, fiscal policies, etc., and the possibility that this investment may be affected by market fluctuations cannot be excluded, thus affecting returns.
(1) Purpose of entrusted financial management
Without affecting the Company’s normal operations, the Company can reasonably utilize idle self-owned funds to purchase financial products to improve capital utilization efficiency, increase company revenue, and seek more investment returns for shareholders.
(2) Source of funds
The funds for entrusted financial management come entirely from the Company’s self-owned funds.
(3) Investment amount
The Company intends to use no more than 25,000.00 ten thousand yuan of temporarily idle self-owned funds to purchase financial products. Within the validity period of the resolution, the Company may use funds in a rolling manner based on the financial management period within the available amount.
(4) Investment categories
To control the risk of fund usage, the Company intends to use idle self-owned funds to purchase high-safety, good-liquidity, medium-low risk financial products, including medium-low risk financial products issued by banks, securities companies, trusts, fund companies, and other financial institutions.
(5) Authorization period and investment period
The effective period for using idle self-owned funds to purchase financial products is 12 months from the date of approval by the Company’s Board of Directors. During the above effective period, the investment period for each financial product purchased by the Company may not exceed 12 months.
(6) Implementation method
The Company authorizes the management to specifically implement and handle related matters within the above limit, including but not limited to: selecting qualified professional financial management institutions as trustees, specifying the amount, period for entrusted financial management, selecting types of entrusted financial management products, signing contracts and agreements, etc.
The Company held the 17th meeting of the 5th Board of Directors on March 27, 2026, which reviewed and approved the proposal to use idle self-owned funds to purchase financial products. This matter is within the approval authority of the Board of Directors and does not need to be submitted to the shareholders’ meeting for review.
(1) Investment risks
The financial products the Company intends to purchase are considered short-term medium-low risk products, but the financial market is greatly affected by macroeconomic, fiscal policies, etc., and the possibility that this investment may be affected by market fluctuations cannot be excluded, thus affecting returns.
(2) Risk control measures
Relevant personnel in the Company’s finance department will promptly analyze and track the direction of financial products and project progress. If risk factors that may affect the Company’s fund safety are assessed, corresponding measures will be taken in a timely manner to control financial management risks.
Independent directors have the right to supervise and inspect the use of funds, and may hire professional institutions for auditing when necessary.
The Company’s finance department must establish a ledger to manage the purchased financial products, establish and improve accounting records, and ensure proper accounting for the use of funds.
The Company will fulfill its information disclosure obligations in a timely manner in accordance with the relevant regulations of the Shanghai Stock Exchange.
Impact on the Company
The Company intends to use part of the temporarily idle self-owned funds to purchase high-safety, good-liquidity, individual products with a term not exceeding 12 months, which can obtain certain investment income, improve the overall performance level of the Company, and seek more investment returns for the Company and its shareholders.
According to the new financial instruments standards issued by the Ministry of Finance, the financial products purchased by the Company will be recorded under “Trading Financial Assets” on the balance sheet, interest income will be recorded under “Investment Income” on the income statement, and fair value changes will be recorded under “Fair Value Change Income” on the income statement.
This announcement is made.
Hefei Taihe Intelligent Technology Group Co., Ltd. Board of Directors
March 28, 2026
Stock code: 603656 Stock abbreviation: Taihe Intelligent Announcement No.: 2026-017
Hefei Taihe Intelligent Technology Group Co., Ltd.
Resolution Announcement of the 17th Meeting of the 5th Board of Directors
The Board of Directors and all directors of the company guarantee that the content of this announcement does not contain any false records, misleading statements, or major omissions, and they bear legal responsibility for the authenticity, accuracy, and completeness of its content.
The notice of the 17th meeting of the 5th Board of Directors of Hefei Taihe Intelligent Technology Group Co., Ltd. (hereinafter referred to as “the Company” or “Taihe Intelligent”) was delivered to all directors via communication and email on March 17, 2026. The meeting was held on March 27, 2026, in the Company’s conference room in a combined format of communication and on-site voting. 7 directors were supposed to attend, and 7 directors actually attended. The meeting was chaired by Mr. Zhang Xucheng, the chairman of the Company, and senior management attended the meeting. The meeting complied with the relevant provisions of the Company Law of the People’s Republic of China, the Articles of Association, and the Rules of Procedure for Board Meetings, and the convocation and holding of the meeting were legal and valid.
(1) Reviewed and approved the proposal on the Company’s 2025 Annual Report and its summary
This proposal has been reviewed and approved by the 12th meeting of the Audit Committee of the 5th Board of Directors of the Company and agreed to present it for review by the Company’s Board of Directors.
The preparation and review procedures for the Company’s 2025 Annual Report and its summary comply with the relevant provisions of laws and regulations, the Articles of Association, and the Company’s internal management system. The content and format of the Company’s 2025 Annual Report and its summary comply with the relevant provisions of the China Securities Regulatory Commission and the Shanghai Stock Exchange. The Company’s financial report is true, accurate, and complete, and the information it contains can truly reflect the Company’s operating management and financial conditions for the year 2025.
For specific content, please refer to the “Taihe Intelligent 2025 Annual Report” and “Taihe Intelligent 2025 Annual Report Summary” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
This proposal needs to be submitted to the Company’s 2025 Annual Shareholders Meeting for approval.
(2) Reviewed and approved the proposal on the Company’s 2025 Annual Board of Directors Work Report
For specific content, please refer to the “Taihe Intelligent 2025 Annual Board of Directors Work Report” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
This proposal needs to be submitted to the Company’s 2025 Annual Shareholders Meeting for approval.
(3) Reviewed and approved the proposal on the Company’s 2025 Annual Independent Directors’ Work Report
For specific content, please refer to the “Taihe Intelligent 2025 Annual Independent Directors’ Work Report” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
This proposal needs to be submitted to the Company’s 2025 Annual Shareholders Meeting for approval.
(4) Reviewed and approved the proposal on the Company’s Independent Directors’ Independence Self-Examination
For specific content, please refer to the “Special Opinion of the Board of Directors of Taihe Intelligent on the Independence Self-Examination of Independent Directors” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(5) Reviewed and approved the proposal on the Company’s 2025 Annual Audit Committee Performance Report
This proposal has been reviewed and approved by the 12th meeting of the Audit Committee of the 5th Board of Directors of the Company and agreed to present it for review by the Company’s Board of Directors.
For specific content, please refer to the “Taihe Intelligent 2025 Annual Audit Committee Performance Report” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(6) Reviewed and approved the proposal on the Audit Committee’s Report on the Performance of Supervisory Responsibilities of the Accounting Firm for the Year 2025
This proposal has been reviewed and approved by the 12th meeting of the Audit Committee of the 5th Board of Directors of the Company and agreed to present it for review by the Company’s Board of Directors.
For specific content, please refer to the “Taihe Intelligent Audit Committee’s Report on the Performance of Supervisory Responsibilities of the Accounting Firm for the Year 2025” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(7) Reviewed and approved the proposal on the Assessment Report of the Performance of the Accounting Firm for the Year 2025
This proposal has been reviewed and approved by the 12th meeting of the Audit Committee of the 5th Board of Directors of the Company and agreed to present it for review by the Company’s Board of Directors.
For specific content, please refer to the “Taihe Intelligent Assessment Report on the Performance of the Accounting Firm for the Year 2025” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(8) Reviewed and approved the proposal on the Company’s 2025 Annual General Manager’s Work Report
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(9) Reviewed and approved the proposal on the Company’s Internal Control Assessment Report
This proposal has been reviewed and approved by the 12th meeting of the Audit Committee of the 5th Board of Directors of the Company and agreed to present it for review by the Company’s Board of Directors.
For specific content, please refer to the “Taihe Intelligent 2025 Annual Internal Control Assessment Report” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(10) Reviewed and approved the proposal on the Company’s Internal Control Audit Report
This proposal has been reviewed and approved by the 12th meeting of the Audit Committee of the 5th Board of Directors of the Company and agreed to present it for review by the Company’s Board of Directors.
For specific content, please refer to the “Taihe Intelligent Internal Control Audit Report” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(11) Reviewed and approved the proposal on the Company’s 2025 Annual Social Responsibility Report
For specific content, please refer to the “Taihe Intelligent 2025 Annual Social Responsibility Report” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(12) Reviewed and approved the proposal on the Provision of Impairment Losses for 2025
This proposal has been reviewed and approved by the 12th meeting of the Audit Committee of the 5th Board of Directors of the Company and agreed to present it for review by the Company’s Board of Directors.
The provision for impairment losses is made in accordance with the “Enterprise Accounting Standards” and relevant policies, based on the principle of prudence and the Company’s actual situation. After the provision for impairment losses, the Company can more fairly reflect its asset status, financial condition, and operating results.
For specific content, please refer to the “Taihe Intelligent Announcement on the Provision for Impairment Losses for 2025” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(13) Reviewed and approved the proposal on the Company’s 2025 Annual Financial Settlement Report and 2026 Annual Financial Budget Report
This proposal has been reviewed and approved by the 12th meeting of the Audit Committee of the 5th Board of Directors of the Company and agreed to present it for review by the Company’s Board of Directors.
For specific content, please refer to the “Taihe Intelligent 2025 Annual Financial Settlement Report” and “Taihe Intelligent 2026 Annual Financial Budget Report” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(14) Reviewed and approved the proposal on the Company’s 2025 Annual Profit Distribution Plan
The Company intends to distribute a cash dividend of 0.50 yuan (including tax) for every 10 shares based on the total share capital recorded on the record date for the implementation of the distribution plan (excluding shares held in the Company’s repurchase account). As of now, the total share capital of the Company is 182,945,358 shares, and after excluding shares held in the Company’s repurchase account of 3,271,765 shares, the base for the proposed distribution is 179,673,593 shares, with a proposed cash dividend of 8,983,679.65 yuan (including tax), accounting for 30.84% of the net profit attributable to shareholders of the listed company for this year. This profit distribution will not include stock dividends and will not involve capital reserve conversion into share capital. The shares held in the Company’s repurchase account (3,271,765 shares) will not participate in this profit distribution.
If there are changes in the total share capital of the Company from the date of this proposal disclosure until the record date for the implementation of the distribution plan due to convertible bonds conversion, share repurchase, stock option grant and repurchase cancellation, major asset restructuring repurchase cancellation, etc., the Company intends to maintain the share distribution ratio unchanged while adjusting the total distribution amount accordingly.
For specific content, please refer to the “Taihe Intelligent Announcement on the 2025 Annual Profit Distribution Plan” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
This proposal needs to be submitted to the Company’s 2025 Annual Shareholders Meeting for approval.
(15) Reviewed and approved the proposal on the Special Report of the Company’s 2025 Annual Raised Funds Storage, Management, and Actual Use
For specific content, please refer to the “Taihe Intelligent Special Report on the Company’s 2025 Annual Raised Funds Storage, Management, and Actual Use” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(16) Reviewed and approved the proposal on the Renewal of Appointment of Rongcheng Accounting Firm (Special General Partnership) as the Company’s Financial Statement Audit Agency and Internal Control Audit Agency for 2026
This proposal has been reviewed and approved by the 12th meeting of the Audit Committee of the 5th Board of Directors of the Company and agreed to present it for review by the Company’s Board of Directors.
For specific content, please refer to the “Taihe Intelligent Announcement on the Renewal of Appointment of Rongcheng Accounting Firm (Special General Partnership) as the Company’s Financial Statement Audit Agency and Internal Control Audit Agency for 2026” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
This proposal needs to be submitted to the Company’s 2025 Annual Shareholders Meeting for approval.
(17) Reviewed and approved the proposal on the Revision of the “Remuneration Management Measures for Directors and Senior Management”
In order to further standardize the remuneration management of the Company’s directors and senior management, establish a scientific and effective incentive and restraint mechanism, ensure that the Company’s directors and senior management effectively perform their duties and obligations, improve the Company’s operational management efficiency, and better promote the healthy and sustainable development of the Company, the “Remuneration Management Measures for Directors and Senior Management” have been revised according to the provisions of the Company Law of the People’s Republic of China, the Guidelines for the Governance of Listed Companies, and other relevant laws, regulations, and normative documents, combined with the actual situation of the Company. This proposal has been reviewed and approved by the 6th meeting of the Salary and Assessment Committee of the Company.
For specific content, please refer to the “Taihe Intelligent Remuneration Management Measures for Directors and Senior Management (March 2026)” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
This proposal needs to be submitted to the Company’s 2025 Annual Shareholders Meeting for approval.
(18) Reviewed the proposal on Confirming the 2025 Annual Remuneration for Directors and the 2026 Annual Remuneration Plan
In order to further improve the Company’s incentive and restraint mechanism and effectively motivate the work enthusiasm of the Company’s directors, based on the provisions of the Guidelines for the Governance of Listed Companies, the Articles of Association, the Working Rules of the Salary and Assessment Committee, and the Remuneration Management Measures for Directors and Senior Management, combined with the actual situation of the Company’s operational development, the remuneration for the Company’s directors for 2025 has been confirmed and a remuneration plan for 2026 has been formulated. This plan has been reviewed and approved by the 6th meeting of the Salary and Assessment Committee of the Company, with all committee members abstaining from voting.
For specific content, please refer to the “Taihe Intelligent Announcement on Confirming the Remuneration for Directors and Senior Management for 2025 and the Remuneration Plan for 2026” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
This proposal involves the remuneration of all directors. Based on the principle of prudence, all directors abstained from voting, and it was directly submitted to the Company’s 2025 Annual Shareholders Meeting for review.
(19) Reviewed and approved the proposal on Confirming the 2025 Annual Remuneration for Senior Management and the 2026 Annual Remuneration Plan
In order to further improve the Company’s incentive and restraint mechanism and effectively motivate the work enthusiasm of the Company’s senior management, based on the provisions of the Guidelines for the Governance of Listed Companies, the Articles of Association, the Working Rules of the Salary and Assessment Committee, and the Remuneration Management Measures for Directors and Senior Management, combined with the actual situation of the Company’s operational development, the remuneration for the Company’s senior management for 2025 has been confirmed and a remuneration plan for 2026 has been formulated. This plan has been reviewed and approved by the 6th meeting of the Salary and Assessment Committee of the Company.
For specific content, please refer to the “Taihe Intelligent Announcement on Confirming the Remuneration for Directors and Senior Management for 2025 and the Remuneration Plan for 2026” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Mr. Sun Wei, as a related director for this proposal, abstained from voting during the review of this proposal.
Voting results: 6 votes in favor, 0 votes against, 0 votes abstained.
(20) Reviewed and approved the proposal on the Expected Lease of Part of the Factory
The Board of Directors agreed to proceed with the leasing of part of the factory, with the total amount of new lease agreements expected to not exceed 20,000,000 yuan. The leased assets include part of the idle factories located at the intersection of Jianghuai Avenue and Penglai Road in the New Port South Area of the Taihe Intelligent Industrial Park (New Port Base), part of the idle factories located at the northeast corner of the intersection of Tianzhushan Road and Follingzhai Road in the Shushan Economic and Technological Development Zone, and part of the idle factories located at 66 Yulan Avenue in the Expansion Area of the Taohua Industrial Park (Taohua Base). The rental price, term, and related conditions will be determined based on the leasing market situation. At the same time, the Company proposes to authorize the management to be responsible for the specific implementation of the above leasing matters and the signing of relevant contracts, with an authorization period of 12 months from the date of approval by the Board of Directors.
For specific content, please refer to the “Taihe Intelligent Announcement on the Expected Lease of Part of the Factory” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(21) Reviewed and approved the proposal on the Estimated Guarantee Limit for Subsidiaries in 2026
The Company will provide guarantees for its subsidiaries Hefei Zhengyuan Intelligent Packaging Technology Co., Ltd. (hereinafter referred to as “Hefei Zhengyuan”), Hefei Taihe Zhuohai Intelligent Technology Co., Ltd. (hereinafter referred to as “Zhuohai Intelligent”), and Anhui Sunshine Yuchu New Energy Co., Ltd. (hereinafter referred to as “Sunshine Yuchu”), which will help improve the overall financing efficiency of the Company and promote the operational development of each subsidiary, in line with the interests of the Company and all shareholders. At the same time, Hefei Zhengyuan, Zhuohai Intelligent, and Sunshine Yuchu are subsidiaries within the scope of the Company’s consolidated financial statements, and the Company has absolute control over their daily operations, keeping financial risks within the Company’s effective control.
For specific content, please refer to the “Taihe Intelligent Announcement on the Estimated Guarantee Limit for Subsidiaries in 2026” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
This proposal needs to be submitted to the Company’s 2025 Annual Shareholders Meeting for approval.
(22) Reviewed and approved the proposal on the Use of Part of the Idle Raised Funds for Cash Management
The Company agrees to use no more than 35,000.00 ten thousand yuan of idle raised funds to purchase capital preservation cash management products with high safety and good liquidity (including but not limited to large certificates of deposit, time deposits, agreed deposits, notice deposits, structured deposits, income certificates, etc.) under the condition that it does not affect the construction of investment projects funded by raised funds and the normal operation of the Company. Within the above limit, funds can be used in a rolling manner, with the authorization period effective for 12 months from the date of approval by the Board of Directors.
For specific content, please refer to the “Taihe Intelligent Announcement on the Use of Part of the Idle Raised Funds for Cash Management” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(23) Reviewed and approved the proposal on the Use of Idle Self-owned Funds to Purchase Financial Products
The Company agrees to use no more than 25,000.00 ten thousand yuan of idle self-owned funds to purchase high-safety, good-liquidity, medium-low risk financial products under the premise that it does not affect normal production and operations. Within the above limit, funds can be used in a rolling manner, with the authorization period effective for 12 months from the date of approval by the Board of Directors.
For specific content, please refer to the “Taihe Intelligent Announcement on the Use of Idle Self-owned Funds to Purchase Financial Products” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
(24) Reviewed and approved the proposal on the Termination of Certain Fundraising Investment Projects and Permanently Supplementing Working Capital with Remaining Raised Funds
For specific content, please refer to the “Taihe Intelligent Announcement on the Termination of Certain Fundraising Investment Projects and Permanently Supplementing Working Capital with Remaining Raised Funds” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
This proposal needs to be submitted to the Company’s 2025 Annual Shareholders Meeting for approval.
(25) Reviewed and approved the proposal on Requesting the Shareholders Meeting to Authorize the Board of Directors to Handle Related Matters for Small and Quick Financing
For specific content, please refer to the “Taihe Intelligent Announcement on Requesting the Shareholders Meeting to Authorize the Board of Directors to Handle Related Matters for Small and Quick Financing” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
This proposal needs to be submitted to the Company’s 2025 Annual Shareholders Meeting for approval.
(26) Reviewed and approved the proposal on Requesting to Hold the 2025 Annual Shareholders Meeting
The Company is scheduled to hold the 2025 Annual Shareholders Meeting on April 17, 2026, at 14:30 in the Company’s conference room.
For specific content, please refer to the “Taihe Intelligent Notice on Holding the 2025 Annual Shareholders Meeting” disclosed by the Company on the same day on the Shanghai Stock Exchange website (www.sse.com.cn).
Voting results: 7 votes in favor, 0 votes against, 0 votes abstained.
Documents for reference
Resolution of the 17th meeting of the 5th Board of Directors.
This announcement is made.
Hefei Taihe Intelligent Technology Group Co., Ltd. Board of Directors
March 28, 2026
Stock code: 603656 Stock abbreviation: Taihe Intelligent Announcement No.: 2026-018
Hefei Taihe Intelligent Technology Group Co., Ltd.
Announcement on the Provision for Impairment Losses for the Year 2025
The Board of Directors and all directors of the company guarantee that the content of this announcement does not contain any false records, misleading statements, or major omissions, and they bear legal responsibility for the authenticity, accuracy, and completeness of its content.
Hefei Taihe Intelligent Technology Group Co., Ltd. (hereinafter referred to as “the Company”) held the 17th meeting of the 5th Board of Directors on March 27, 2026, and reviewed and approved the proposal on the Provision for Impairment Losses for the Year 2025. According to the “Enterprise Accounting Standards” and the relevant accounting policies of the Company, to reflect the Company’s financial condition, asset value, and operating results for the year 2025 authentically and accurately, a comprehensive review and