Jilin forest industry updates on fund management, repurchase agreements

Jilin Forest Industry Co., Ltd. (SSE:600189) has provided updates on its financial management strategies, including the use of idle self-owned funds for national debt repurchase agreements and idle raised funds for cash management. On November 27, 2025, the company announced its progress in purchasing national debt repurchase agreements (GC028) with temporarily idle self-owned funds. Two recent transactions in October and November 2025, each exceeding 50 million yuan, show annualized yields of approximately 1.5%. One transaction for 50,168,000.00 yuan, matured on November 12, 2025, yielding 57,741.04 yuan, while another for 50,225,000.00 yuan is set to mature on December 10, 2025.

Additionally, Jilin Forest Industry reported the maturity and recovery of funds from its previously invested idle raised funds. An investment of 84,000,000.00 yuan in a "unit structured deposit" with China Construction Bank, made on October 24, 2025, matured on November 25, 2025, returning the principal along with an income of 88,372.60 yuan. The company’s total cumulative cash management income from idle raised funds over the past twelve months now stands at 1,224,775.40 yuan, with no outstanding principal from these investments.

These activities are in line with resolutions passed earlier in 2025 by the company's board and supervisory committees, authorizing the use of up to 300 million yuan for national debt repurchases and up to 124 million yuan for cash management using raised funds. Both strategies aim to optimize the returns on the company's available capital while ensuring liquidity for its operations.