Bethel Auto Safety expands cash management, funds project with own capital

Wuhu Bethel Auto Safety Systems Co., Ltd. announced an increase in its cash management quota using its own funds from a maximum of 1,400 million yuan to 1,950 million yuan. This decision, approved on August 28, 2025, by both the fourth board of directors' tenth meeting and the fourth board of supervisors' tenth meeting, aims to enhance capital utilization and profitability. The funds will be allocated to low-risk, short-term wealth management products with high security, not affecting daily operations.

The company also disclosed plans to use its own funds to pay for a portion of the "Mexico Annual Production of 7.2 Million Lightweight Parts and 2 Million Brake Calipers" project, which involves overseas construction and procurement. This payment using own funds will be subsequently replaced by raised capital. This strategy ensures the smooth progress of the project without altering its intended use or harming shareholder interests.

These resolutions are part of the company's financial and operational updates, including its 2025 semi-annual report. The semi-annual report highlights a 30.04% increase in operating revenue and a 14.19% increase in net profit attributable to shareholders, with total assets rising by 1.88% to 13,025,817,801.77 yuan. The company's commitment to strategic investments and efficient capital management underscores its growth trajectory in the automotive safety systems industry.