Hisense Home Appliances Group Co., Ltd. announced that, between 1 July 2025 and 19 May 2026, the parent company together with two subsidiaries—Hisense Air Conditioning Co., Ltd. and Guangdong Hisense Refrigerator Marketing Co., Ltd.—subscribed to a series of fixed-income collective fund trust plans issued by Chongqing International Trust Company Limited.
The ten agreements, numbered from the “2025 8th” to the “2026 3rd” Chongqing Trust Wealth Management Agreements, involve a cumulative principal of RMB1.81 billion. Subscription sizes ranged from RMB40.00 million to RMB316.00 million per product, and all investments were funded by the Group’s idle self-owned cash.
All products carry low to medium-low risk ratings and invest mainly in credit assets such as deposits and bonds. Redemption dates are flexible and subject to the subscribers’ instructions; expected returns will fluctuate with market conditions and are therefore uncertain.
According to Hong Kong Listing Rule 14.22, the aggregated transaction size pushes the applicable percentage ratios above 5 % but below 25 %, classifying the combined subscriptions as discloseable transactions. Individual agreements, however, do not meet the threshold for separate disclosure.
The Board stated that the investments were conducted under the company’s “Management Measures for Conducting Entrusted Wealth Management Transactions,” which were approved at the 2024 AGM. The mandate allows up to RMB23.00 billion of idle funds to be allocated to short-term, medium-to-low-risk financial products, aiming to enhance capital utilisation without affecting daily operations or core business development. The directors consider the terms to be on normal commercial grounds and in the interests of shareholders as a whole.
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