002040SZSE

Progress Announcement on Redemption of Certain Financial Products and Continued Use of Idle Funds by Nanjing Port Co., Ltd.

Nanjing Port Co., Ltd.·

✨ AI Summary

Nanjing Port Co., Ltd. announced the redemption of a financial product worth RMB 50 million and the purchase of a new structured deposit of RMB 5 million. The new investment has a term of 91 days with an expected annualized return of 0.95%-2.25%. The company aims to enhance fund efficiency while ensuring normal operations and risk control.

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Full Translation

AI Translation· azure_openai

Nanjing Port Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

The Company held its eighth Board of Directors meeting on September 24, 2025, and the fourth extraordinary general meeting of shareholders on October 13, 2025, where it approved the proposal to use 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 for this purpose, including up to RMB 100 million from its controlling subsidiary Nanjing Port Longtan Container Co., Ltd. and up to RMB 50 million from its wholly-owned subsidiary Nanjing Port Jiangbei Container Terminal Co., Ltd. The investment period for a single financial product shall not exceed 12 months, and the 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 resolutions and the maturity of the purchased financial products, the Company announces the following regarding the recently purchased bank financial products and those that have matured:

  1. Status of Redeemed Financial Products As of December 31, 2025, the Company used RMB 50 million of temporarily idle self-owned funds to purchase a structured deposit from Huaxia Bank Co., Ltd., Nanjing Xinjiekou Branch, which has recently matured. The principal of RMB 50 million and interest of RMB 289,726.01 have been fully redeemed.

  2. Main Details of the Purchased Bank Financial Products (1) Financial Product The Company used RMB 50 million of temporarily idle self-owned funds to purchase a structured deposit from Huaxia Bank Co., Ltd., Nanjing Xinjiekou Branch, with a term of 91 days.

    • Product Name: RMB Structured Deposit DWJCNJ26219
    • Product Type: Principal-protected with minimum yield
    • Investment Period: April 7, 2026, to July 7, 2026
    • Expected (annualized) Yield: 0.95%-2.15%-2.25%
No.CounterpartySource of FundsInvestment Amount (10,000 RMB)Investment PeriodProduct NameAnnualized YieldStart DateEnd Date
1Huaxia Bank Co., Ltd. Nanjing Xinjiekou BranchSelf-owned funds50002026/04/07RMB Structured Deposit DWJCNJ262190.95%-2.15%-2.25%2026/04/072026/07/07

The Company and its wholly-owned and controlling subsidiaries have no related party relationships with the above counterparty.

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