Ke Hua Heng Sheng invests idle funds in cash management for optimized returns

Ke Hua Heng Sheng Co. announced its plan to utilize a portion of its idle raised funds for cash management. This decision, approved by the Ninth Board of Directors and the Ninth Board of Supervisors on August 29, 2025, allows the company and its subsidiary, Xiamen Kehua Hec Cloud Technology Co., Ltd., to manage up to 400 million yuan in idle funds. The management period is 12 months from the approval date, aiming to boost investment income without impacting existing fundraising projects.

The company recently executed several cash management transactions, primarily involving large-denomination certificates of deposit with various branches of Industrial Bank and Agricultural Bank of China. These transactions total 32,884.75 yuan across multiple agreements. The products are predominantly "principal-guaranteed and yield-type" with expected annual yields ranging from 2.15% to 3.15%. The earliest product start date is September 12, 2025, with maturity dates generally extending into 2025.

These cash management initiatives are designed to be low-risk, maintaining high security and liquidity, and comply with all regulatory requirements. The company emphasizes that these measures will not alter the intended use of the raised funds or impede the progress of its investment projects. Ke Hua Heng Sheng will implement robust risk control measures, including real-time monitoring and regular audits by internal departments and independent directors, to safeguard the capital.