Hisense Home Appliances to review Q3 results, announces RMB1.74bn wealth product subscriptions

Hisense Home Appliances Group Co., Ltd. has announced a board meeting scheduled for October 28, 2025, in Hong Kong. The meeting will review and approve the unaudited third-quarter results for the period ended September 30, 2025, for the company and its subsidiaries. The announcement, released on October 13, 2025, also indicates that other matters may be addressed.

Additionally, the company disclosed subscriptions to various wealth management products. Between May 27, 2025, and October 13, 2025, Hisense Home Appliances and its subsidiaries entered into multiple Golden Valley Trust wealth management agreements, subscribing a total of RMB 1,739,000,000. These subscriptions, funded by the group’s idle capital, are considered disclosable transactions under listing rules.

The board views these transactions as being on normal commercial terms, fair and reasonable, and in the overall interest of the company and its shareholders. They facilitate efficient use of idle funds without adverse impact on daily operations or the interests of small and medium investors. The investments involve low-to-medium risk, fixed-income products, primarily in deposits and bond-type assets, with expected yields subject to market fluctuations.