APT Electronics Co., Ltd. (Stock Code: 2551) announced subscriptions for multiple principal-guaranteed structured deposit products offered by Bank of Communications and Bank of China between the Listing Date and the date of the announcement. The funds used for these subscriptions originated from surplus cash reserves generated by daily operations.

The subscription dates for Bank of Communications products were January 24, 2025, February 10, 2025, and April 28, 2025, with varying maturities and possible annualized returns ranging from approximately 0.8% to 2.15%. The total principal for these three products amounted to RMB 187 million. Subscriptions from Bank of China took place on April 23, 2025, covering four products with principal sums totaling RMB 85,000,000, and possible annualized returns ranging from around 0.64% to 2.96%. All products are structured to guarantee the principal and feature floating yields.

According to the announcement, these transactions must be aggregated for the purpose of calculating applicable percentage ratios under the Listing Rules. The subscriptions from both banks each exceeded 5% but were below 25%, constituting discloseable transactions subject to the reporting, announcement, and annual review requirements under Chapter 14 of the Listing Rules. The vendors are regarded as independent third parties. The announcement stated that the company has implemented remedial measures, including enhanced internal control and compliance training, to address and prevent delays or oversights in similar disclosures going forward.