Hongbai New Materials announced that on May 7, 2025, Jiujiang Hongbai New Materials Co., Ltd., a wholly-owned subsidiary of the company, used 33.66 million yuan of idle convertible bonds to raise funds and purchased a notice deposit at the Xiamen Branch Sales Department of Huaxia Bank. On July 21, 2026, the company redeemed wealth management products with a principal amount of 8 million yuan and received a profit of 97,800 yuan. As of the announcement date, the company actually invested 127 million yuan in cash management in the last 12 months, recovered the principal amount of 626.34 million yuan, revenue of 7.714,300 yuan, unrecovered principal amount of 640.66 million yuan, and unused investment amount of 59.34 million yuan.

Hongbai New Materials announced that on May 7, 2025, Jiujiang Hongbai New Materials Co., Ltd., a wholly-owned subsidiary of the company, used 33.66 million yuan of idle convertible bonds to raise funds and purchased a notice deposit at the Xiamen Branch Sales Department of Huaxia Bank. On July 21, 2026, the company redeemed wealth management products with a principal amount of 8 million yuan and received a profit of 97,800 yuan. As of the announcement date, the company actually invested 127 million yuan in cash management in the last 12 months, recovered the principal amount of 626.34 million yuan, revenue of 7.714,300 yuan, unrecovered principal amount of 640.66 million yuan, and unused investment amount of 59.34 million yuan.