RemeGen invests RMB300.00 million in SPDB structured deposit, raising total cash-management exposure to RMB1.00 billion within two months

Bulletin Express
06/01

RemeGen Co., Ltd. (RemeGen) disclosed that on 1 June 2026 it signed SPDB Wealth Management Product Agreement No. 8 with Shanghai Pudong Development Bank’s Yantai Branch, deploying RMB300.00 million of idle self-owned funds into a 90-day principal-protected structured deposit linked to the EUR-USD exchange rate.

The latest purchase follows five similar agreements executed between 28 April and 13 May 2026, bringing the aggregate value of wealth-management products bought from the same counterparty to RMB1.00 billion over the past 12 months. Of this total, RMB920.00 million derives from idle self-owned funds and RMB80.00 million from idle raised proceeds.

Key terms of Agreement No. 8 • Product: “Liduoduo Corporate Stable Profit 26JG7791 (Three-Tier Bullish) RMB Corporate Structured Deposit” • Principal: RMB300.00 million • Tenor: 90 days (1 June – 31 August 2026) • Expected annualised yield: 0.7 %, 1.8 % or 2.0 % (floating) • Principal protection: Yes; bank holds right to early terminate • Investment reference: EUR-USD spot rate via derivative transactions

Regulatory impact When aggregated with the preceding five contracts, one of the applicable percentage ratios under Hong Kong Listing Rule 14.07 exceeds 5 % but remains below 25 %. The transaction is therefore classified as a discloseable transaction, triggering reporting and announcement obligations without shareholder approval requirements.

Strategic rationale The board states that reallocating idle cash into low-to-medium risk bank products is intended to enhance capital-use efficiency and generate returns superior to comparable-term time deposits, while maintaining controllable risk. Directors consider the terms arm’s-length, fair and reasonable, and in the interests of the company and its shareholders.

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