Xiechuang Data (300857.SZ) plans to use no more than 7 billion yuan of its own funds for entrusted wealth management.

According to the Zhikong Finance APP, Xiechuang Data (300857.SZ) announced that the company and its subsidiaries plan to use self-owned funds not exceeding (including) 7 billion RMB (or equivalent in other currencies) for entrusted wealth management within the authorized period, without affecting the company's normal operations and ensuring the safety of funds. The investments will primarily focus on financial products with lower risk, better liquidity, and more stable returns, with a maximum of (including) 6 billion RMB intended for fixed deposits. The validity period of the quota is from the date of approval at the company's seventh interim shareholder meeting in 2026 until the day of the annual shareholder meeting in 2026. During the above quota and authorized validity period, business can be conducted on a rolling basis.