Xiamen Tungsten Xinneng announced that in 2025, the company and its wholly-owned subsidiary Xiamen Jinglu New Energy Materials Co., Ltd. will manage no more than 500 million yuan of idle raised capital in cash. Recently, the company redeemed structured deposit products previously purchased from Agricultural Bank of China, China Construction Bank, and Xiamen International Bank, and recovered 500 million yuan in principal and revenue of 1.7576 million yuan, which were transferred to a special fund raising account. In the 12 months prior to the announcement, the company used idle raised funds for cash management and redemption on a number of occasions, all of which were profitable. As of the disclosure date of the announcement, the company has not used idle raised funds to manage cash.

Xiamen Tungsten Xinneng announced that in 2025, the company and its wholly-owned subsidiary Xiamen Jinglu New Energy Materials Co., Ltd. will manage no more than 500 million yuan of idle raised capital in cash. Recently, the company redeemed structured deposit products previously purchased from Agricultural Bank of China, China Construction Bank, and Xiamen International Bank, and recovered 500 million yuan in principal and revenue of 1.7576 million yuan, which were transferred to a special fund raising account. In the 12 months prior to the announcement, the company used idle raised funds for cash management and redemption on a number of occasions, all of which were profitable. As of the disclosure date of the announcement, the company has not used idle raised funds to manage cash.