Zhengchuan Co., Ltd.: 50 million yuan of idle funds invested in structured deposits of Industrial Bank.

date
23/07/2025
Chongqing Zhengchuan Pharmaceutical Packaging Materials Co., Ltd. announced that in order to improve the efficiency of using idle own funds, the company used 50 million yuan of idle own funds to purchase the Industrial Bank's "Enterprise RMB Structured Deposit Product" with a term of 92 days. It is a principal guaranteed floating income type, with an expected annualized return rate of 1.00%-1.95%. The investment has gone through the decision-making process. The company was approved to use up to 300 million yuan of idle own funds for cash management on a daily basis in June 2025 through the deliberation of the board of directors and the supervisory board. As of the announcement date, the company has invested a total of 600 million yuan in cash management in the last 12 months, has recovered 300 million yuan, achieved a profit of 2.8398 million yuan, and the current usage limit is 300 million yuan. This investment does not affect daily operations and the risks are controllable.