Conant Optics (02276.HK): Redemption of Wealth Management Products for a Total Amount of USD 30 Million

NewTimeSpace News: On July 2, 2026, Conant Optics (02276.HK) issued an announcement. The Company subscribed to two wealth management products under Huatai International in June 2025. It redeemed USD 10 million worth of products on January 30, 2026 and another USD 20 million on July 2, 2026, with total unaudited accrued interest income reaching around USD 652,000.

The Company stated that the redemptions are arranged for capital management purposes, and the proceeds will be treated as general working capital. Among the funds, USD 20 million is planned for subscribing to new low-risk wealth management products, while the remaining principal and interest income will be deployed to support the development of smart eyewear-related businesses.

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