SHENZHENEXPRESS(00548.HK): Subscribes to RMB1 Billion Structured Deposits in Two Weeks to Improve Idle Fund Efficiency

NewTimeSpace News: SHENZHENEXPRESS(00548.HK) jointly disclosed with its controlling shareholder SHENZHEN INT'L on January 12, 2026 that the company has completed the subscription of two structured deposits within two weeks. Specifically, it subscribed to the first installment on January 9 with a principal of RMB500 million, and additionally subscribed to the second installment on January 12 with the same principal of RMB500 million. Both products are issued by Bank of Jiangsu and are categorized as principal-guaranteed floating-income type.

SHENZHENEXPRESS stated that the core purpose of this subscription is to reasonably utilize part of the temporarily idle raised funds for cash management on the premise of not affecting the investment plan of the funds raised from the A-share issuance and ensuring the safety of the raised funds. This move aims to improve the efficiency of fund use, achieve capital preservation and appreciation, and increase the overall returns.

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