ANKER (00668.HK): Wealth Management Cap at RMB 9bn; 366 Convertible Bonds Converted in Q3

NewTimeSpace News: On 9 October 2026, Anker Innovations Technology Co., Ltd. (the "Company") published an overseas regulatory announcement reproducing three announcements published on the website of the Shenzhen Stock Exchange, covering progress on the use of idle own funds to purchase wealth management products, progress on the use of part of the temporarily idle raised funds for cash management, and the conversion of convertible corporate bonds in the third quarter of 2026.

The announcement disclosed that, on wealth management, the Company resolved at the eighth meeting of the fourth board on 8 April 2026 to use no more than RMB 5 billion (inclusive) of idle own funds to purchase wealth management products, including structured deposits, large-denomination certificates of deposit and principal-protected bank wealth management products; and at the eleventh meeting of the fourth board on 15 June 2026 resolved to increase the cap by no more than RMB 4 billion (inclusive). After the increase, the cap for purchasing wealth management products with idle own funds is no more than RMB 9 billion (inclusive), with funds revolving within the cap. The Company has recently purchased several wealth management products within the authorised scope through counterparties including BNP Paribas Hong Kong, Industrial Bank, Citibank, ICBC, Bank of China and China Guangfa Bank, in product types including time deposits, net-value wealth management products, large-denomination certificates of deposit, structured deposits, USD wealth management and asset management plans. On cash management, as of 30 September 2026, the aggregate outstanding amount of cash management using part of the temporarily idle raised funds was RMB 495 million (including this one), within the board's authorised investment amount.

The Company stated that, on convertible bonds, the conversion period of the "Anker Convertible Bonds" (bond code: 123257) runs from 22 December 2025 to 15 June 2031, with the latest effective conversion price of RMB 105.96 per share as of the announcement date; in the third quarter of 2026, 366 Anker Convertible Bonds were converted (with an aggregate face value of RMB 36,600), converting into 335 Anker Innovations shares (stock code: 300866); and as of the end of the third quarter of 2026, the remaining aggregate face value of the Anker Convertible Bonds was RMB 1,104,624,200.

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