Shenzhen Investment Holdings Bay Area Development Company Limited (SIH Bay Area Development, 737 & 80737) has disclosed two subscriptions of principal-guaranteed structured deposit products issued by Industrial and Commercial Bank of China (ICBC). These transactions total RMB620.00 million, carried out through the Coastal Company, a subsidiary owned 51.00% by SIH Bay Area Development and 49.00% by Shenzhen Expressway.

On 30 January 2026, RMB200.00 million was subscribed with a 93-day term and an expected annualized return between 0.80% and 2.35%. Subsequently, on 24 February 2026, RMB420.00 million was subscribed with a 92-day term and an expected annualized return between 0.80% and 2.16%. The decision aimed to utilize temporary idle funds under manageable risk levels, potentially enhancing overall returns through these principal-guaranteed products.

Under the Listing Rules, both subscriptions are aggregated into one discloseable transaction since they involve the same bank within a 12-month period. As at least one of the applicable percentage ratios is above 5% but below 25%, the transaction triggers a mandatory announcement but does not require shareholder approval.