Anbang Security Guard: Using 1.1 billion yuan of idle raised funds to purchase large-scale deposits.
Anbang Security Guard announcement stated that the company used 110 million yuan of idle raised funds on March 20, 2026 to purchase a unit large-denomination certificate of deposit from Industrial and Commercial Bank of China Hangzhou Liberation Road Branch, with a maturity period of 3 months and an annualized interest rate of 0.9%. The nominal maturity date is June 20, 2026. The company had already approved the use of up to 130 million yuan of idle raised funds for cash management for a period of 12 months, with the ability to be rolled over. Although the product has low risk, it may still be affected by market fluctuations.
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