SIH Bay Area Development (737, 80737) Announces RMB300 Million Structured Deposit Subscription

Bulletin Express
Feb 04

Shenzhen Investment Holdings Bay Area Development Company Limited (stock codes: 737 and 80737) announced that its non wholly-owned subsidiary, Shenzhen Guangshen Coastal Expressway Investment Company Limited (Coastal Company), subscribed for a RMB300 million structured deposit product with principal-guaranteed, variable returns ranging from 0.6% to 2.36%. The subscription took place on 4 February 2026 after trading hours, and the product has a 90-day term commencing from 6 February 2026.

According to the announcement, the transaction is classified as a discloseable transaction under Chapter 14 of the Listing Rules, as one or more of the applicable percentage ratios exceed 5% but remain under 25%. Consequently, it requires notification and announcement but is exempt from shareholder approval. The subscribed product aims to enhance capital use efficiency by placing idle funds into a principal-guaranteed instrument with controllable risk.

The Group, principally engaged in the expressway business focusing on infrastructure and related ventures in the Greater Bay Area, anticipates that the structured deposit will help preserve and increase the value of its short-term capital without affecting overall cash flow requirements. Bank of China (Tairan Jingu sub-branch of Shenzhen branch) acts as the issuer of the product and, to the best knowledge of the directors, is an independent third party.

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