Forest Cabin commits RMB370.00 million to principal-guaranteed structured deposit with China Everbright Bank

Bulletin Express
06/15

On 15 June 2026, Shanghai Forest Cabin Cosmetics Group Co., Ltd. (Forest Cabin) signed a Structured Deposit Product Agreement with China Everbright Bank to place RMB370.00 million in a principal-guaranteed, floating-yield deposit maturing on 31 December 2026.

The product offers an expected annualised return ranging from 0.75% to 2.10%, with interest linked to foreign-exchange derivatives, interest-rate derivatives and a precious-metals index. Early redemption by Forest Cabin is not permitted.

The subscription is financed entirely with the company’s idle cash and does not involve any proceeds from its December 2025 global offering. Management cited the deposit’s low risk, comparatively higher yield versus standard bank deposits and short tenor as key reasons for the investment.

Under Hong Kong Listing Rule 14.07, the transaction’s percentage ratios exceed 5% but remain below 25%, categorising it as a discloseable transaction. Consequently, it requires public reporting and announcement but is exempt from shareholder approval.

Forest Cabin is a premium domestic skincare brand in China focused on anti-wrinkle and firming products. China Everbright Bank is a PRC joint-stock commercial bank with shares listed in Hong Kong and Shanghai; it is deemed independent of Forest Cabin and its connected persons.

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