Milkground redeems structured deposit, earns profit

Shanghai Milkground Food Technology Co., Ltd. announced the redemption of a cash management product, which utilized temporarily idle raised funds. The company had invested 10 million yuan in an "Industrial Bank Corporate Finance RMB Structured Deposit Product" with a 31-day term, beginning on August 4, 2025.

The investment matured on September 4, 2025, resulting in the full redemption of the 10 million yuan principal. Additionally, the company realized a profit of 14,438.35 yuan, which met expectations. Both the principal and the accrued income have been fully deposited into the company's accounts.

This investment decision was approved at the twelfth board of directors' first meeting and the twelfth supervisory board's first meeting held on November 18, 2024. The company's supervisory board and the sponsoring institution had both expressed their agreement.