Ninestar invests 100m yuan in structured deposit

Ninestar Corporation announced on November 15, 2025, that it has invested 100m yuan of its idle raised funds into a structured deposit product. This follows a resolution passed at board and supervisory board meetings on December 3, 2024, to manage up to 150m yuan in idle funds.

The company entered an agreement with China CITIC Bank Corporation Limited Zhuhai Branch on November 12, 2025, to purchase the "Co-Winning Smart Trust Exchange Rate-Linked RMB Structured Deposit A16836 Term." This principal-protected, floating-income, closed-end investment has an expected yield range of 1.00% to 1.55% over a one-month term, commencing November 17, 2025, and maturing December 17, 2025.

This investment aims to enhance the efficiency and returns of the company's working capital without impacting its core business operations or fundraising project construction. Ninestar's management is authorized to execute such investment decisions for 12 months from the resolution date.