World Avenue Circuit: Using 200 million yuan of idle funds to conduct cash management.
Shiyun Circuit announced that the company has used 200 million yuan of idle funds raised to purchase floating income certificates for cash management, including 50 million yuan each for GF Securities' "Income Treasure" No. 4 and No. 11, and 100 million yuan for Citic Securities' Fixed Income Zen Xiang Series [72] period income certificates. All products are guaranteed floating income. The company had previously approved a proposal to use up to 800 million yuan of idle funds for cash management. The accumulated income in the past 12 months is 21.23 million yuan, with a current unrecovered principal of 540 million yuan and an unused quota of 260 million yuan. This investment carries certain risks, and the company has taken corresponding risk control measures.
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