On the 16th, Uni-President Enterprises announced significant news that its subsidiary, Cayman President Holdings Ltd., has disposed of a time deposit issued by Bank of Communications' Tokyo branch. The total transaction amount reached $50 million, earning an interest income of $2.679 million.

According to the announcement released on the public information observation station, the transaction was completed on the 16th. The counterparty was the Tokyo branch of Bank of Communications, which is unrelated to Uni-President. Uni-President stated that the purpose of disposing of the fixed-income investment was to carry out a lump-sum payment.

The CFO, Chen Guohui, noted that this transaction was calculated based on market interest rates and executed based on the company's approved authority. So far, this company’s securities investment as detailed in the latest financial statements accounts for 20.75% of total assets and 39.11% of equity attributable to the parent company. This transaction does not involve any changes in operating models, nor is it a related party transaction, and therefore does not require approval from the Board of Directors or the Audit Committee. After the transaction, the accumulated holding amount of the time deposit is $0, with no restrictions on any rights.