New Hope Liuhe returns 396m yuan in working capital

New Hope Liuhe Co., Ltd. announced the full return of 396 million yuan that was temporarily used to supplement working capital. The decision to utilize these idle raised funds was approved during board and supervisor meetings held on November 7, 2024. The approved usage period for these funds was set not to exceed 12 months.

The company has confirmed that as of November 3, 2025, the full amount of 396 million yuan has been repaid to the dedicated raised funds account. This repayment signifies the company's adherence to its financial commitments regarding the temporary utilization of idle capital.

The details of the original temporary allocation were previously disclosed on November 8, 2024, in major financial newspapers and on the Juchao Information Network. The company has also notified its sponsor institution and representatives about the return of these funds.