On 17 April 2026, Qeeka Home (Cayman) Inc. announced that its controlled entity, Shanghai Qiyi Information Technology Co., subscribed to a Shanghai Pudong Development Bank (SPDB) wealth management product valued at RMB40.00 million (approximately 40.00 million). The placement is funded entirely by the Group’s internal idle funds.

The product—“Li Duo Duo Stable Profit RMB-denominated Structured Deposit Company Product 26JG3127 (3-Month Early Bird Special)”—carries a 90-day tenor from 20 April 2026 to 20 July 2026. It guarantees principal and offers a minimum annualised yield of 0.70%, with additional floating rates set at 0.95% or 1.15%, bringing the potential annualised return to 1.65% or 1.85%. Performance is pegged to movements in the EUR/USD exchange rate and the product is classified as relatively low risk by the bank.

Management cited three considerations for the purchase: 1. Yields exceed those of comparable short-term bank deposits; 2. The maturity period is short and risk profile is low; 3. Deployment of surplus cash does not impair working-capital sufficiency or day-to-day operations.

Under Chapter 14 of the Hong Kong Listing Rules, the transaction’s highest applicable percentage ratio—calculated on an aggregate basis—exceeds 5% but remains below 25%. Consequently, the subscription is treated as a discloseable transaction that requires public reporting and announcement but is exempt from shareholder approval.

Qeeka Home principally operates SaaS-based total marketing solutions, targeted marketing services, interior design and construction services, and other related businesses. SPDB, listed on the Shanghai Stock Exchange (600000), is a joint-stock commercial bank engaged in deposit-taking, lending, and investment products.