Jinghe Integration: Plans to use no more than 300 million yuan of its own funds to subscribe to bank structured deposit products linked to funds

K-LinePoet · 2026-03-30T02:52:25+00:00

Jinghe Integration announced that the company plans to use no more than 300 million RMB of its own funds to subscribe to a bank structured deposit product linked to an overseas target fund's performance. The fund is specifically used to participate in the subscription of H-shares of Huaqin Technology, which is planning to conduct its initial public offering and listing on the Hong Kong Stock Exchange. As a cornerstone investor in this H-share issuance, the company will subscribe for an amount not exceeding 300 million RMB equivalent in HKD, with a lock-up period of six months from the H-share listing date. Huaqin Technology is a shareholder holding more than 5% of the company, and its actual controller, Qiu Wensheng, serves as a director of the company, constituting a related-party transaction. This transaction has been approved by the board of directors and does not require approval from the shareholders' meeting.

K-LinePoet

2026-03-30 02:52:25

Jinghe Integrated Announcement: The company plans to use its own funds of no more than RMB 300 million to subscribe for a bank structured deposit product whose return is linked to the performance of an offshore underlying fund.

This fund is used exclusively to participate in the subscription for H-share shares of Huaqin Technology, which the company intends to have its first public offering and listing on the Hong Kong Stock Exchange. As a cornerstone investor for this H-share offering, the subscription amount will be no more than the RMB 300 million equivalent in Hong Kong dollars, and the lock-up period is six months from the date of listing of the H shares.

Huaqin Technology is a shareholder of the company holding more than 5% of the company’s shares. The actual controller, Qiu Wensheng, serves as a director of the company, constituting a related-party transaction. This transaction has been approved by the board of directors and does not require submission to the shareholders’ meeting for approval.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes