Tuopu Group redeems 200m yuan from cash management product

Ningbo Tuopu Group announced the redemption of 200,000,000 yuan from its "Tianlibao" structured deposit product with Hangzhou Bank, which matured on December 15, 2025. The company also received an investment income of 2,128,800 yuan from this product. This follows the company's resolution to use up to 2,400,000,000 yuan of temporarily idle raised funds for cash management through structured deposits or principal-protected wealth management products. This was approved on April 22, 2025, and May 14, 2025, with an authorization period from July 1, 2025, to June 30, 2026.

Over the past twelve months ending December 15, 2025, the company's highest single-day investment into cash management was 205,000,000 yuan, representing 10.47% of its net assets in the most recent year. The cumulative investment income from entrusted wealth management over the last twelve months accounted for 0.58% of the net profit for the most recent year.

As of December 15, 2025, the group has utilized 50,000,000 yuan of its approved cash management quota, with 190,000,000 yuan remaining available out of a total approved quota of 240,000,000 yuan.