Kanghong Pharmaceutical: Using 50 million yuan of its own funds to purchase wealth management products.
Kanghong Pharmaceutical announced that the company recently used its own funds of 50 million yuan to purchase Chengdu Bank's "Furong Jincheng" unit structured deposit. The product offers principal-protected floating returns and is a closed-end investment with a term of 92 days, with a start date/interest date of August 6, 2026, and an expiration date of November 6, 2026. The minimum guaranteed return is 1.00% - the expected maximum return is 1.80%. As of the announcement date, the company has cumulatively used 2.969 billion yuan to purchase principal-protected bank financial products that have yet to mature over the past twelve months, which is within the authorized limit.
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