Bethel redeems cash management product, realizes profit from idle funds

Wuhu Bethel Auto Safety Systems Co., Ltd. announced the redemption of a cash management product, specifically the China Merchants Bank Gold Series Callable Two-Layer Interval 31-day Structured Deposit. The company had invested RMB 40,000,000 of idle raised funds into this product, which matured on September 19, 2025.

Upon maturity, Bethel Auto Safety Systems recovered the principal amount of RMB 40,000,000 and received investment income of RMB 34,000. This cash management initiative was approved by the company's board of directors and supervisory board on July 30, 2025, with an aim to utilize idle funds to increase returns.

As of the announcement date, the company's total cash management with idle raised funds amounts to RMB 1,300,000,000. Following this redemption, the utilized cash management amount stands at RMB 1,260,000,000, with RMB 40,000,000 still available for future cash management.