Ruima Precision: Holding subsidiary uses 60 million idling funds for cash management.

date
12/02/2026
Ruima Precision announced that the board of directors previously agreed to use up to 200 million yuan of idle raised funds for cash management. Recently, its holding subsidiary Puleide used 60 million yuan of idle raised funds to purchase large-denomination certificates of deposit from China Merchants Bank. The product is a principal-guaranteed fixed-income type with an expected annualized return of 1.1%, with a term from February 12, 2026 to March 12, 2026. As of the date of the announcement, the company has cumulatively used 196 million yuan of idle raised funds for cash management, within the approved limit and term set by the board of directors. This cash management can improve the efficiency of fund utilization without affecting the use of raised funds for investment projects and daily operations.