002040SZSE

Progress Announcement on the Use of Temporarily Idle Self-owned Funds to Purchase Principal-protected Financial Products by Nanjing Port Co., Ltd.

Nanjing Port Co., Ltd.·

✨ AI Summary

Nanjing Port Co., Ltd. has approved the use of up to RMB 500 million of temporarily idle funds to purchase principal-protected financial products. Recently, RMB 170 million was invested in a structured deposit with Huaxia Bank, with an expected annualized return of 0.95%-2.50%. The company aims to enhance fund efficiency and provide returns to shareholders without affecting normal operations.

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Full Translation

AI Translation· azure_openai

Announcement on Progress of Using Temporarily Idle Self-owned Funds to Purchase Principal-protected Financial Products

The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Nanjing Port Co., Ltd. (hereinafter referred to as "the Company") held the fifth meeting of the eighth board of directors on September 24, 2025, and the fourth extraordinary general meeting of shareholders on October 13, 2025, where it reviewed and approved the proposal on using temporarily idle self-owned funds to purchase principal-protected financial products. The Company agreed to use no more than RMB 500 million of idle self-owned funds to purchase principal-protected financial products, ensuring that it does not affect normal production and operations while effectively controlling risks. This includes no more than RMB 100 million from the holding subsidiary Nanjing Port Longtan Container Co., Ltd. (hereinafter referred to as "Longtan Company") and no more than RMB 50 million from the wholly-owned subsidiary Nanjing Port Jiangbei Container Terminal Co., Ltd. (hereinafter referred to as "Jiangbei Company"). The investment period for a single financial product shall not exceed 12 months, and funds can be rolled over within the above limits and the validity period of the resolution. For specific details, please refer to the announcements published by the Company on September 25, 2025, and October 14, 2025, in the Securities Times and on the Giant Tide Information Network (www.cninfo.com.cn).

According to the above resolution, the Company announces the following regarding the recently purchased bank financial products:

1. Main Information on Purchased Bank Financial Products

(1) Financial Product

  1. The Company used temporarily idle self-owned funds of RMB 170 million to purchase a structured deposit from Huaxia Bank Co., Ltd. Nanjing Xinjiekou Branch, with a term of 92 days.
    • (1) Product Name: RMB Unit Structured Deposit DWJCNJ26092
    • (2) Product Type: Principal-protected with minimum yield
    • (3) Investment Period: February 5, 2026, to May 8, 2026
    • (4) Expected (annualized) Yield: 0.95%-2.40%-2.50%

The specific details are shown in the table below:

NoSigning PartySource of FundsInvestment Amount (10,000 RMB)Investment PeriodProduct NameAnnualized YieldStart DateEnd Date
1Huaxia Bank Co., Ltd. Nanjing Xinjiekou BranchSelf-owned Funds17002026/02/05RMB Unit Structured Deposit DWJCNJ260920.95%-2.40%-2.50%2026/02/052026/05/08

The Company and its wholly-owned and holding subsidiaries have no related party relationships with the signing party mentioned above.

(2) Major Risk Disclosure

  1. The above financial products are principal-protected with floating returns, and the bank guarantees the principal of the financial investment.
  2. The above financial products may involve common risks associated with bank financial products, as disclosed by the signing bank, including policy risk, market risk, liquidity risk, product non-establishment risk, information transmission risk, management risk, early termination risk, force majeure and unexpected event risk, credit risk, valuation risk, data source risk, observation day adjustment risk, and operational risk.

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