Jiangsu Lopal Tech. (02465): Sichuan Lithium Source subscribes to Bank of China's 100 million yuan wealth management product.

Jiangsu Lopal Tech. (02465) announced that on November 15, 2024, Sichuan Lithium Resource (an indirect non-wholly owned subsidiary of the company) paid Bank Of China a total of 100 million RMB to purchase two wealth management products as part of the Bank Of China subscription. The directors believe that the Bank Of China subscription will allow the company to use temporarily idle funds to purchase relatively low-risk wealth management products, thereby improving the efficiency of fund utilization, increasing the return on idle funds, and boosting the company's profits.