Evergreen New Material Technology plans to use HKD 49 million of idle raised funds to purchase structured deposits

Jiangsu Evergreen New Material Technology Co., Ltd. announced that it plans to use 49 million yuan of temporarily idle raised funds to purchase structured deposits from the Bank of China Zhenjiang Dagang Branch, with a term of 87 days, starting from September 30 and maturing on December 26. Previously, a structured deposit of the same amount matured on September 26, yielding an actual return of 45,100 yuan. On April 11, the company approved a related proposal to use no more than 550 million yuan of idle raised funds for cash management, valid for 12 months. Although the investment is in a principal-protected product, there are still risks such as market fluctuations, and the company has implemented multiple risk control measures. All parties believe that this investment will not affect daily operations and fundraising projects, can improve the efficiency of fund utilization, and benefit shareholders