Yonyou Network: Intends to entrust financial management of up to 2.1 billion yuan of idle own funds.
Yonyou Network announced that the company and its subsidiaries plan to use idle funds for entrusted financial management, with a daily maximum balance not exceeding 2.1 billion yuan, and the funds can be used in a rolling manner. The entrusted financial management period is within 12 months from the date approved by the board of directors, and the entrusted parties are banks, securities firms, asset management companies, and other financial institutions, providing high safety, good liquidity, and low-risk financial products. This matter was approved at the 26th meeting of the ninth session of the board of directors of the company, and does not require the approval of the shareholders' meeting. The company has formulated relevant risk control measures, and this entrusted financial management will not affect daily operations, but will also increase fund returns.
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