ZENGAME (02660.HK) subscribes US Treasury bonds for about US$25 million, total holdings rise to US$66.3 million

NewTimeSpace News: On November 9, 2026, Zengame Technology Holding Limited (02660.HK) announced that the group had on that day subscribed for US Treasury bonds in the open market through JPMorgan Bank, for a total consideration of about US$25.0 million. Prior to the subscription, the group held about US$41.3 million in money market funds and Treasury products subscribed through JPMorgan Bank; as at the date of the announcement, its total outstanding investments in wealth management products subscribed through the bank amounted to about US$66.3 million.

According to the announcement, the subscription comprises two tranches of bonds issued by the US Department of the Treasury. The first has a principal of US$11,963,000, a coupon of 4.25%, a subscription amount of US$11,992,262.15, a yield to maturity of 4.543% and a maturity date of August 15, 2029. The second has a principal of US$12,912,000, a coupon of 4.75%, a subscription amount of US$12,992,191.97, a yield to maturity of 4.638% and a maturity date of October 31, 2031, bringing the combined subscription amount to about US$24.98 million.

The board believes that efficiently using temporarily idle funds enhances the company's investment return while meeting its core objectives of fund safety and liquidity. US Treasury bonds are backed by the credit of the US government, carry relatively low risk, offer high liquidity and provide stable interest income; the subscription is funded from the group's own resources and conducted on the premise that funds needed for daily operations are secured. As the highest applicable percentage ratio exceeds 5% but is below 25%, the subscription constitutes a disclosable transaction under Chapter 14 of the Listing Rules, subject to the notification and announcement requirements but exempt from shareholder approval.