Shenzhen Expressway invests CNY 1.6bn in structured deposits

Shenzhen Expressway Corporation Limited (SSE:600548) announced its subscription to two structured deposit products with the Bank of Communications, totaling CNY 1.6 billion. The first subscription, made on May 14, 2025, amounted to CNY 600 million with a term of 3 months, offering a return rate between 1.3% and 2.16%. The second subscription, announced on June 23, 2025, involved CNY 1 billion with a term of 9 months, and a return rate of either 1.00% or 2.06%. Shenzhen Expressway stated the investments are low-risk, capital-protected, and designed to enhance cash management without affecting the A-share issuance's proceeds investment plans. The subscriptions are deemed fair and reasonable.