Guanghua Sci-Tech redeems and reinvests idle funds in cash management

Guangdong Guanghua Sci-Tech announced the redemption of 25,000,000 yuan in cash management products, yielding a total of 110,060 yuan. This included a 5,000,000 yuan fixed-yield deposit returning 11,250 yuan and a 20,000,000 yuan floating-yield structured deposit linked to the EUR/USD exchange rate, which generated 98,810 yuan.

Following these redemptions, the company has reinvested a total of 32,000,000 yuan from its idle raised funds into new cash management products. This includes 22,000,000 yuan in a EUR/USD exchange rate-linked structured deposit, 4,900,000 yuan in a yuan structured deposit, and 5,100,000 yuan in another yuan structured deposit. These new investments have varying maturities, with the earliest maturing on December 22, 2025, and the latest on December 31, 2025.

As of the announcement date, Guanghua Sci-Tech has a total of 47,000,000 yuan in outstanding cash management products using idle raised funds. The company emphasizes that this cash management strategy aims to enhance capital utilization and generate investment returns without impacting the progress of its fundraising projects or daily operations.