Oppein Home allocates idle funds to cash management, buys certificates of deposit

Oppein Home Group announced its latest cash management activities, deploying 340 million yuan of idle raised funds into high-security, low-risk unit large-denomination certificates of deposit. This move follows a resolution passed at meetings on August 8, 2025, authorizing the use of up to 350 million yuan for such investments, with an approval period from August 19, 2025, to August 18, 2026.

The current cash management strategy involves products with a maturity not exceeding 12 months, aligning with the company's objective to maintain high liquidity and principal protection. This approach follows the recent redemption of a 200 million yuan unit structured deposit on September 10, 2025, where both the principal and accrued interest were successfully returned.

As of June 30, 2025, Oppein Home Group's monetary funds stood at 5.84 billion yuan. The 340 million yuan allocated for cash management represents 5.82% of the latest period-end monetary funds, 1.83% of net assets, and 0.95% of total assets. The company emphasizes that these activities will not alter the intended use of the raised funds or impact the progress of its investment projects.