Kuang Shi Fangxiang (01925) subsidiary plans to spend 50 million yuan to subscribe for fund rights

According to Zhitong Finance App, Kuang Shifangxiang (01925) announced that Anhui Fenyuan, an indirect wholly-owned subsidiary of the Company, subscribed to the fund's equity (Zhurun Diversified Profit No. 2 Private Equity Investment Fund) on January 5, 2026. The amount was RMB 50 million, which was funded by the Group's surplus cash reserves.

The directors believe that compared to the time deposit returns usually provided by commercial banks of China, the subscription items can provide the Group with better returns; the subscription matters are disbursed from the Group's surplus cash reserves and have no impact on the Group's working capital status or operations; and that proper low-risk financial management is conducive to improving the Group's capital use efficiency and increasing the return on idle capital.