On 3 June 2026, Anhui Conch Cement Company Limited (Conch Cement) disclosed that it has subscribed to seven fixed-income, non-principal-guaranteed wealth management products issued by CMBC Wealth Management Co., Ltd. for a combined RMB8.00 billion.

The contracts were executed on 26 March, 30 March, 28 May and 3 June 2026. Individual subscriptions ranged from RMB0.90 billion to RMB1.60 billion, each carrying a tenor of 362–364 days and an expected annualised return of 2.55%–2.65%.

Key product features include: • Product type: fixed-income, floating-yield, non-principal-guaranteed • Risk rating: relatively low • Principal and gains are payable within two business days after maturity; CMBC Wealth Management retains the right to early terminate the products.

The transactions fall under a board mandate dated 26 January 2026 authorising the use of idle funds for low- to medium-risk wealth management, with a maximum daily outstanding balance capped at RMB20.00 billion.

Aggregated under Hong Kong Listing Rules, the RMB8.00 billion investment meets the 5% threshold for a discloseable transaction but remains below 25%, requiring public notification without shareholder approval. All directors consider the terms fair, conducted on normal commercial terms, and not detrimental to working capital needs.