Guangdong Yuehai Feed Group Co., Ltd. Progress Announcement on Using Part of Idle Own Funds for Cash Management

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Stock Code: 001313 Stock Abbreviation: Guangdong Yuhai Feed Announcement No.: 2026-012

Guangdong Yuhai Feed Group Co., Ltd.

Announcement on the Progress of Using Part of Idle Self-owned Funds for Cash Management

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Guangdong Yuhai Feed Group Co., Ltd. (hereinafter referred to as the “Company”) held the 11th meeting of the 4th Board of Directors on November 28, 2025, and the 5th Extraordinary General Meeting of Shareholders on December 15, 2025, to review and approve the proposal on using part of the idle self-owned funds for cash management, agreeing that the Company and its subsidiaries may use a limit (referring to the maximum amount for cash management at any point in time within the validity period) not exceeding RMB 1 billion of temporarily idle self-owned funds to purchase cash management products issued by banks, securities companies, and other financial institutions with low risk, high security, and good liquidity (including but not limited to time deposits, structured deposits, agreement deposits, and wealth management products), with a validity period of 12 months from the date of approval by the general meeting of shareholders, and can be used in a rolling manner within the above limit and validity period. For specific details, please refer to the announcement published by the Company on November 29, 2025, in the Securities Times, Securities Daily, China Securities Journal, Shanghai Securities Journal, Economic Information Daily, and the Giant Tide Information Network (

1. The redemption situation of part of the idle self-owned funds used for cash management upon maturity

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2. The progress of part of the idle self-owned funds used for cash management

Recently, the Company has used part of its idle self-owned funds for cash management, and the specific situation is as follows:

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Note: The Company has no related party relationship with the above-mentioned banks.

3. Risks and Risk Control Measures

(1) Risks

1. Although short-term cash management products are considered low-risk investment varieties, the financial market is significantly affected by the macroeconomy, and it cannot be ruled out that this investment may be affected by market fluctuations;

2. The Company and its subsidiaries will intervene appropriately and in a timely manner based on economic conditions and changes in the financial market, so the actual return on short-term investments cannot be predicted;

3. There is a risk of non-compliance operations and loss of control in supervision by relevant staff.

(2) Risk Control Measures

1. When the Company and its subsidiaries purchase cash management products, they will choose investment products with low risk, good liquidity, high security, and a term not exceeding 12 months, clearly defining the amount, duration, types of investment products, rights and obligations of both parties, and legal responsibilities, etc.;

2. The Company’s finance department will establish an investment ledger, analyze and track the net value changes of the products in a timely manner, and if any risk factors that may affect the safety of the Company and its subsidiaries’ funds are identified, corresponding measures will be taken promptly to control investment risks;

3. Independent directors and the board audit committee have the right to supervise and inspect the use of funds, and may hire professional institutions for auditing if necessary;

4. The Company’s internal audit institution is responsible for a comprehensive inspection of the products and, based on the principle of prudence, reasonably estimates the potential risks and returns of various investments, reporting regularly to the board audit committee;

5. The Company will disclose the purchase and profit and loss situation of cash management products during the reporting period in periodic reports in accordance with the relevant regulations of the Shenzhen Stock Exchange.

6. Impact on the Company

The Company adheres to standardized operations, and while ensuring the normal operation of the Company and its subsidiaries and the safety of funds, uses part of the idle self-owned funds for cash management, which will not affect the normal development of the main business of the Company and its subsidiaries, while increasing the efficiency of fund utilization, yielding certain returns, and providing more returns for the Company and its shareholders.

5. The situation of the Company’s cumulative use of idle self-owned funds for cash management in the twelve months prior to this announcement

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Note: Yixing Tianshi Feed Co., Ltd. completed the industrial and commercial change registration procedures related to equity transfer on January 20, 2025, becoming a controlling subsidiary of the Company and included in the consolidated financial statements of the Company. Therefore, the cumulative use of idle self-owned funds for cash management in the twelve months prior to this announcement includes the amount of idle self-owned funds used for cash management by Yixing Tianshi Feed Co., Ltd. that had not matured as of January 20, 2025.

As of the date of this announcement, the total amount of part of the idle self-owned funds used by the Company and its subsidiaries for cash management is RMB 184 million, which does not exceed the limit of RMB 1 billion authorized by the general meeting of shareholders for using self-owned funds for cash management.

6. Documents for Reference

Relevant redemption and purchase vouchers for the cash management products using part of the idle self-owned funds.

This announcement is hereby made.

Board of Directors of Guangdong Yuhai Feed Group Co., Ltd.

March 18, 2026

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