East Buy subscribes to new RMB50m wealth management product

East Buy Holding Limited announced on October 10, 2025, that its Group subscribed for a wealth management product from China Minsheng Bank Corp., Ltd. (CMBC) on October 9, 2025. The subscription, valued at RMB50 million, features a non-guaranteed principal and a floating annualized return of 2.60%-3.00%, maturing on December 1, 2026.

This new subscription aggregates with three other outstanding non-principal guaranteed products from CMBC, bringing the total outstanding principal amount to RMB230 million. These include a RMB50 million product subscribed on March 25, 2025, a RMB30 million product from June 11, 2025, and a RMB100 million product from July 31, 2025.

The transaction, when aggregated with the outstanding subscriptions, constitutes a discloseable transaction under Listing Rules 14.22 and 14.07, as the highest applicable percentage ratio exceeded 5% but remained below 25%. It requires notification and announcement but is exempt from shareholder approval. The board views the subscription as fair and reasonable, aiming to maximize surplus cash utilization for treasury management.