Announcement by Hangzhou Boss Appliances Co., Ltd. on the Use of Partial Idle Proprietary Funds for Investment and Wealth Management

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Stock Code: 002508 Stock Abbreviation: Robam Appliances Announcement No.: 2026-004

Hangzhou Robam Appliances Co., Ltd. Announcement Regarding

Investment and Wealth Management Using Part of Its Idle Funds

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

Hangzhou Robam Appliances Co., Ltd. (hereinafter referred to as “the Company”) held the 13th meeting of the 6th Board of Directors on April 28, 2025, the 12th meeting of the 6th Supervisory Committee on May 19, 2025, and the 2024 Annual Shareholders’ Meeting, which approved the proposal on “Using Idle Funds for Investment and Wealth Management.” The management team is authorized to implement the investment and wealth management activities specifically, with the authorization period from the date of approval at the 2024 Annual Shareholders’ Meeting until the date of the 2025 Annual Shareholders’ Meeting.

For detailed information, please see the announcements published on April 29, 2025, and May 20, 2025, in Securities Times, China Securities Journal, Securities Daily, Shanghai Securities News, and Juchao Information Network (www.cninfo.com.cn).

Based on the above resolutions, the company’s recent purchase of wealth management products is announced as follows:

1. Main Information of Wealth Management Products

1. China Post Wealth Management Hongye Yuan Tu Closed-End 2026 Issue No. 7 (Institutional Exclusive) Wealth Management Product

1. Product Name: China Post Wealth Management Hongye Yuan Tu Closed-End 2026 Issue No. 7 (Institutional Exclusive)

2. Total Subscription Amount: 100 million RMB

3. Source of Funds: Company’s own idle funds

4. Product Manager: China Post Wealth Management Co., Ltd.

5. Subscription Period: March 16 to March 17, 2026

6. Establishment Date: March 18, 2026

7. Maturity Date: March 18, 2027

8. Expected Annualized Return: 3.5% (annualized)

9. Related Party Relationship Explanation

The company has no related party relationship with the above-mentioned company.

3. Investment Risk Warning and Risk Control Measures

1. The purchased wealth management products may involve risks such as yield risk, interest rate risk, liquidity risk, policy risk, information transmission risk, force majeure risk, and other common risks associated with bank wealth management products.

2. Measures to address investment risks include:

3. Funds will only be used to purchase the corresponding wealth management products and not for securities investment.

4. The company will analyze and track the investment direction and project progress of the wealth management products in a timely manner. If any risk factors that may affect the safety of the company’s funds are identified, appropriate measures will be taken promptly to control the investment risk.

5. The company’s internal audit department is responsible for auditing and supervising the use and safekeeping of the wealth management funds.

6. Independent directors have the right to inspect the use of funds.

7. The company will disclose relevant information in a timely manner according to the regulations of the Shenzhen Stock Exchange, including the purchase and profit/loss status of wealth management products during the reporting period in periodic reports.

4. Impact on the Company’s Daily Operations

Under the premise of ensuring normal operations and fund safety, the company will purchase bank wealth management products using its own idle funds. This will not affect the normal circulation of the company’s funds or the normal operation of its main business.

Moderate wealth management can improve the efficiency of fund utilization and generate certain investment returns, which is in the interest of the company and all shareholders.

5. Purchase of Wealth Management Products in the Past 24 Months Before the Announcement

As of the date of this announcement, the company has used a total of 2.93 billion RMB of its own idle funds to purchase matured wealth management products in the past 24 months. The main details are as follows:

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As of the date of this announcement, the company has used a total of 1.7 billion RMB of its own idle funds to purchase outstanding wealth management products (including the current 100 million RMB purchase). The specific situation is as follows:

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The total amount of these wealth management products does not exceed the scope approved by the board of directors and shareholders’ meeting regarding the amount and investment period of wealth management products.

6. Documents for Reference

1. Wealth Management Product Agreement and Bank Receipt;

2. Other documents required by the Shenzhen Stock Exchange.

This announcement is hereby made.

Hangzhou Robam Appliances Co., Ltd.

Board of Directors

March 24, 2026