Jilin Forest Industry to invest idle funds in structured deposit for shareholder returns

Jilin Forest Industry Co., Ltd. announced its decision to implement cash management by investing temporarily idle raised funds. The company will utilize 60,000,000 yuan from its dedicated raised funds account to purchase a "Unit Structured Deposit" wealth management product from China Construction Bank. This capital-protected product has a very low-risk profile. The anticipated annualized yield ranges from 0.8% to 2.2%, over a term of 74 days, from December 12, 2025, to February 24, 2026.

The decision was approved at the Ninth Board of Directors’ Seventh Meeting on August 22, 2025, authorizing the company to manage temporarily idle raised funds up to a maximum of 124,000,000 yuan. The objective is to prudently utilize these funds to generate additional returns for the company and its shareholders, without impacting the progress or safety of ongoing raised fund investment projects.

The raised funds originated from a non-public issuance of shares in 2018, totaling 415,710,000 yuan net, following approval from the China Securities Regulatory Commission. The company confirmed that this cash management initiative adheres to high safety and liquidity standards, ensuring no alteration of the raised funds' intended use. The investment is accounted for as a transactional financial asset.