High Dream: Announcement on the Progress and Yield of Idle Funds in National Bond Reverse Repurchase

Guangdong High Dream Intelligent Machinery Co., Ltd. announced the progress of using idle self-owned funds for reverse repurchase of government bonds. Previously, the company obtained approval from the shareholders' meeting to use 300 million yuan of self-owned funds for cash management. As of the announcement date, the principal of 100.727 million yuan for the 28-day reverse repurchase of government bonds that has matured and the income of 115,500 yuan have been recovered, with an annualized yield of 1.495%. The company also invested 100.841 million yuan on September 25 for a 28-day reverse repurchase of government bonds, with an annualized yield of 1.705%, which has not yet matured. The yield from the reverse repurchase of government bonds is higher than that of demand deposits, but there are risks such as market risks, and the company has taken multiple risk control measures. This move can improve the efficiency of fund utilization, increase returns, and will not affect daily operations