Zhejiang Great Shengda redeems ¥5m from cash management

Zhejiang Great Shengda Packaging Co., Ltd. announced on November 11, 2025, the redemption of ¥5m from its seven-day notice deposit with Zhejiang Xiaoshan Rural Commercial Bank Co., Ltd. The company initiated this investment on April 1, 2025, by purchasing ¥200m in seven-day notice deposits. This specific redemption yielded an income of ¥34,069.44. The total principal redeemed from this investment, including previous redemptions, amounts to ¥19m, with total accumulated income from this specific product series being ¥82,408.33.

The company's board of directors and supervisory board had previously approved the use of idle raised funds for cash management. On April 21, 2025, the company obtained approval to use up to ¥250m of idle raised funds for cash management, specifically for purchasing highly secure and liquid products with terms not exceeding 12 months. This followed an earlier approval on April 29, 2024, for the same amount, with the latest announcement providing details of the recent redemption.

As of the date of this announcement, Zhejiang Great Shengda Packaging Co., Ltd. maintains a balance of ¥181m in raised funds invested in cash management, excluding the recently redeemed ¥5m. The company confirms that there are no overdue unrecovered cash management funds.