Shenzhen Expressway Corporation Limited (00548.HK): Redeems RMB1.218 Billion Wealth Management Products upon Maturity, Earning Over RMB9.52 Million in Returns
Shenzhen Expressway Corporation Limited announced that all 6 principal-guaranteed floating-income bank wealth management products previously purchased with idle raised funds have been redeemed upon maturity, involving a total principal of RMB1.218 billion and realizing an actual return of RMB9.5278 million. The redeemed principal and returns have all been returned to the raised funds account, and the company currently still has a remaining raised funds cash management quota of RMB1.2 billion available for use.
On January 5, 2026, Shenzhen Expressway Corporation Limited (00548.HK) announced the successful conclusion of its wealth management projects using raised funds, with the full recovery of principal and returns. According to the announcement, the 6 redeemed wealth management products are all corporate RMB structured deposits purchased through Jiangsu Bank Shenzhen Science and Technology Sub-branch. The purchase amount of each individual product ranges from RMB50 million to RMB500 million. Among them, the two products with a purchase amount of RMB500 million each achieved returns of RMB6.4583 million and RMB2.5333 million respectively, while the remaining four products with a purchase amount of RMB50 million each generated returns between RMB80,000 and RMB204,400. In total, the 6 products realized an actual return of RMB9.5278 million, with the full redemption of principal.
It is understood that as of the announcement date, Shenzhen Expressway has been approved for a total raised funds cash management quota of RMB3 billion, of which RMB1.8 billion has been utilized, leaving a remaining available quota of RMB1.2 billion. Shenzhen Expressway stated that this wealth management operation using idle raised funds not only ensured the safety and liquidity of the raised funds but also achieved the preservation and appreciation of capital, which is in the interests of the company and all shareholders.
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