Aerospace Hi-Tech returns idle funds, completes debt repayment

China Aerospace Times Electronics (SSE:600879) has announced the cumulative return of 138.5 million yuan in idle raised funds that were temporarily used to supplement working capital as of November 13, 2025. This return follows a previous decision by the company's board on August 16, 2025, to use up to 2.339 billion yuan of idle funds from its 2021 A-share issuance for this purpose, with a maximum term of 12 months. Prior to the recent repayment, the company had utilized 1.78 billion yuan of these idle funds. The company will continue to return the remaining 1.6415 billion yuan as needed, prioritizing the smooth progress of its investment projects.

In a related announcement, China Aerospace Times Electronics also confirmed the completion of the redemption of its 2025 third tranche of super short-term financing bonds. The company registered to issue up to 6 billion yuan in super short-term financing bonds in August 2023. The 2025 third tranche was issued in June 2025, and the company has now successfully completed its repayment according to the agreed terms.