Huabao International Holdings Limited (HUABAO INTL) announced that on 25 March 2026 its subsidiaries Huabao Flavours and Yancheng Chunzhu extended their investment in Bank of Jiangsu Group’s financial products, lifting the Group’s aggregate outstanding commitment to RMB1.58 billion (approximately USD217 million).

Five capital-protected structured deposits account for RMB1.50 billion of the total. The tranches, dated between 3 March and 25 March 2026, carry annual coupon ranges of 1.20%–2.06% and mature between June and September 2026. Combined, these deposits are expected to yield around RMB11.18 million in interest at maturity.

The remaining RMB80 million has been placed in “Suyin Wealth Hengyuan Weekly Open No.1,” a medium-to-low risk, net-asset-value wealth management product offered by Suyin Wealth Management, a wholly-owned subsidiary of Bank of Jiangsu. The product matures in November 2040 but allows redemption at any time, providing liquidity for the Group.

Management stated that all previous investments with Bank of Jiangsu have been fully redeemed and that the latest placements employ surplus cash without diluting day-to-day working capital. The Board believes the products offer higher yields than conventional bank deposits while retaining low risk and short-term liquidity.

Under Hong Kong Listing Rule 14.07, the transaction’s highest applicable percentage ratio exceeds 5% but remains below 25%, classifying it as a discloseable transaction. Accordingly, HUABAO INTL has fulfilled the required reporting and will continue to monitor its positions with Bank of Jiangsu Group.