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Jialichuang announced that the company and its subsidiaries plan to use no more than 3.50 billion yuan of idle raised capital for cash management. The period of use is valid for 12 months from the date of review and approval by the shareholders' meeting, and the funds within the quota can be used on a rolling basis. Investment types are capital protected products with high safety and good liquidity, including structured deposits, term deposits, large deposit certificates, etc. The product period is not more than 12 months. The matter has been reviewed and approved by the board of directors of the company and still needs to be submitted to the shareholders' meeting for consideration. The sponsor, Cathay Pacific Haitong Securities, had no objection to the matter.
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Jialichuang announced that the company and its subsidiaries plan to use no more than 3.50 billion yuan of idle raised capital for cash management. The period of use is valid for 12 months from the date of review and approval by the shareholders' meeting, and the funds within the quota can be used on a rolling basis. Investment types are capital protected products with high safety and good liquidity, including structured deposits, term deposits, large deposit certificates, etc. The product period is not more than 12 months. The matter has been reviewed and approved by the board of directors of the company and still needs to be submitted to the shareholders' meeting for consideration. The sponsor Cathay Pacific Haitong Securities had no objection to the matter.
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