Waigaoqiao: Announcement Regarding the Redemption of Idle Raised Funds for Cash Management

NightAirdropper · 2026-03-20T10:18:50+00:00

Waigaoqiao announced that it has redeemed part of its idle raised funds held in structured deposits, including principal of 187 million yuan and income of 811,000 yuan in total, with the funds returned to the raised funds designated account.

NightAirdropper

2026-03-20 10:18:50

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Securities Daily News: On March 19, Waigaoqiao announced that some structured deposit products used for cash management with idle raised funds have matured and been redeemed. The redeemed products include: a 8 million yuan structured deposit purchased by its subsidiary Shanghai Waigaoqiao Bonded Area United Development Co., Ltd. on September 15, 2025, at the Industrial and Commercial Bank of China Shanghai Free Trade Pilot Zone Branch; a 100 million yuan structured deposit purchased by its subsidiary Shanghai Waigaoqiao Bonded Area Siliang Development Co., Ltd. on December 5, 2025, at China Everbright Bank Shanghai Branch; and two structured deposits of 40.29 million yuan and 38.71 million yuan purchased on December 22 and 23, 2025, respectively, by its subsidiary Shanghai Waigaoqiao Bonded Area New Development Co., Ltd. at Bank of China. The total principal of these products is 187 million yuan, with actual earnings of 811,000 yuan, all of which have been fully returned to the designated account for raised funds.

(Edited by Cong Kexin)

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