Milkground redeems, reinvests structural deposit for cash management

Shanghai Milkground Food Technology Co., Ltd. (Milkground) announced the redemption of its “Lidoduo Company Stable 25JG7182 Phase (Three-Tier Bullish) RMB Public Structural Deposit” with a principal of 85 million yuan. The product matured on September 15, 2025, yielding a return of 447,950 yuan, which has been fully received.

On September 16, 2025, Milkground purchased a new "Lidoduo Company Stable 25JG3458 Phase (Three-Tier Bullish) RMB Public Structural Deposit" from Shanghai Pudong Development Bank. This new investment, totaling 85 million yuan, is a principal-protected floating income product with a 72-day term, maturing on November 28, 2025. The anticipated annual yield ranges from 0.70% to 2.07%/1.87%/0.70%, depending on the performance of the EUR/USD exchange rate.

This cash management strategy aims to enhance the efficiency of idle raised funds without impacting ongoing operations or investment project schedules, thereby generating additional returns for the company and its shareholders. As of June 30, 2025, the 85 million yuan investment represents 12.96% of the company's consolidated cash balance of 655.62 million yuan.