Yao Pi Glass's idle raised funds of 280 million yuan matured and were redeemed from cash management, earning a profit of 651,200 yuan.

Shanghai Yaopi Glass Group Co., Ltd. (Stock Code: 600819/900918, Stock Abbreviation: Yaopi Glass/Yaopi B Share) announced on March 25 that the structured deposit products purchased with idle raised funds have matured and been redeemed, recovering a principal of 280 million yuan and earning investment income of 651,155.56 yuan.

The announcement shows that the company held the 15th meeting of the 11th Board of Directors on January 26, 2026, which reviewed and approved the proposal on “Using Part of the Temporarily Idle Raised Funds for Cash Management,” agreeing to use a maximum amount of no more than 280 million yuan of temporarily idle raised funds to invest in products with high safety, good liquidity, and individual product investment periods not exceeding 12 months, with a validity period of 12 months from the date of approval by the Board of Directors.

According to the above resolution, on February 2, 2026, the company signed a corporate structured deposit contract with the Shanghai Branch of China Everbright Bank Co., Ltd., using 280 million yuan of idle raised funds to purchase “2026 Currency-Linked Corporate Structured Deposit Customized Phase 1 Product 891.” This product is a principal-protected floating income type with an annualized yield of 1.70%, with the interest start date on February 2, 2026, and the maturity date on March 24, 2026.

As of the date of this announcement, the company has fully redeemed this cash management’s temporarily idle raised funds, and there are no overdue uncollected funds.

The company stated that the use of part of the temporarily idle raised funds for cash management is conducted under the premise of complying with national laws and regulations, ensuring that it does not affect the investment progress of the raised funds, and effectively controlling investment risks. It will not affect the normal operation of the company and the normal development of raised fund investment projects, nor will it harm the interests of the company and shareholders, and there is no situation that indirectly changes the purpose of the raised funds. Through moderate and timely cash management of part of the temporarily idle raised funds, it helps improve the efficiency of fund utilization, increases the returns on the company’s cash assets, and seeks to provide more investment returns for the company’s shareholders.

At the same time, the company particularly reminds that although the structured deposit purchased this time belongs to the principal-protected floating income type, the financial market is greatly affected by macroeconomic factors, and it cannot be excluded that the expected return of this investment may be affected by market fluctuations. Investors are advised to pay attention to investment risks.

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Editor: Xiaolang Express Report