Triangle Defence redeems, reinvests idle funds in cash management products

Triangle Defence Co. recently confirmed the redemption of 9,200.00 yuan and 1,000.00 yuan from two separate cash management products with Ping An Bank, yielding 26.14 yuan and 1.29 yuan respectively. These redemptions were part of the company’s approved strategy to manage idle self-owned funds, initially authorized by the board and shareholders to manage up to 200,000.00 yuan of idle self-owned funds.

Following the redemptions, the company has reinvested these self-owned funds into new cash management products. This includes 5,200.00 yuan in a 7-day corporate structured deposit with an expected annualized yield of 0.95%-1.366% and 5,000.00 yuan in a structured deposit with an expected annualized yield of 0.45%/1.75%/1.85%. These investments are set to mature on dates ranging from December 22, 2025, to February 24, 2026.

As of the announcement date, the company's outstanding balance of idle self-owned funds in cash management is 86,300.00 yuan, including these new investments. Triangle Defence maintains that these cash management activities are conducted to enhance capital efficiency and generate investment returns without impacting normal operations or the progress of fundraising projects.