Milkground redeems matured cash management products, secures principal and returns

Shanghai Milkground Food Technology Co., Ltd. (Milkground) announced the redemption of matured cash management products, specifically two structured deposits. The company had utilized part of its temporarily idle raised funds to purchase these products following approvals from its twelfth board of directors and supervisory board meetings held on November 18, 2024.

The investments included "Lidodo Company Stable 25JG7530 (Three-layer Call Option) RMB Corporate Structured Deposit" and "Lidodo Company Stable 25JG7576 (Three-layer Call Option) RMB Corporate Structured Deposit." These products, with terms of 88 days and 87 days respectively, commenced on July 1, 2025, and July 2, 2025. The invested amounts were CNY 15,000 million and CNY 16,500 million.

As of the announcement date, September 30, 2025, both products matured on September 29, 2025. The company successfully redeemed the principal amounts of CNY 15,000 million and CNY 16,500 million, and received expected returns of CNY 751,666.67 and CNY 817,437.50, respectively. All principal and accrued interest have been fully credited to the company's account.