Deity Technology: use 80 million yuan in idle raised funds to purchase large-time deposits.

date
20/03/2026
Shentong Technology announced that the company will temporarily idle 80 million yuan of funds raised by issuing convertible corporate bonds to unspecified investors in 2023, and use it to purchase a large-denomination deposit certificate from China Merchants Bank, due in the 2696th issuance of 2026, with a product term of 9 months, an interest starting date of March 20, 2026, and a maturity date of December 20, 2026. The expected annualized rate of return is 1.25%, and it is a principal-guaranteed fixed-income product. The company's decision to use up to 430 million yuan of idle funds for cash management for a period of 12 months was approved at a meeting in 2025. This investment will not affect the fundraising projects or core business of the company, and may increase the company's income, but there are certain investment risks involved.