Shanghai Dazhong Public Utilities (01635) entrusted wealth management.

17:19 17/04/2026

Mass Rapid (01635) announced that Shanghai Mass Rapid Utilities (Group) Co., Ltd. (hereinafter referred to as "the Company" or "this Company") intends to use idle self-owned funds for cash management in order to continuously improve the efficiency of fund utilization, while ensuring the normal operation of the Company and its subsidiaries. The amount of funds to be managed can be jointly used by the Company and its subsidiaries on a rolling basis, and management personnel of the Company are authorized to implement relevant matters. Both parties involved in this entrusted wealth management are independent entities and do not constitute related transactions. The investment amount is RMB 1,240,347,500.

Shanghai Dazhong Public Utilities (01635) announced that in order to ensure the normal operation of the company and its subsidiaries, and to improve the efficiency of fund utilization, the company and its subsidiaries plan to use idle funds for cash management. The amount can be used jointly by the company and its subsidiaries on a rolling basis, and management personnel are authorized to implement the related matters. The entrustment of the funds management is conducted between independent parties and does not constitute a related transaction. The investment amount is RMB 124,034.75 million.

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