A Friend Food Product's 30 million financial management matured and redeemed for subscription to the China Gold Fund Management plan.
Youyou Food announced on July 24th that the company's floating income certificate "Yuanding Zunxiang 165" purchased with 30 million yuan of its own funds expired on July 21st, and the principal of 30 million yuan was redeemed, with an income of 313,800 yuan. To improve the efficiency of fund utilization, the company used 30 million yuan of its own funds on the same day to continue to purchase the "Zhongjin Xinyou Single Asset Management Plan" from China Golden, with a term of 365 days. The product is a floating income type, and the funds are mainly invested in low-risk assets such as standardized bonds and money market funds. The annual shareholders' meeting of the company in 2024 has approved a cash management limit of 1.2 billion yuan of its own funds, which can be used in a revolving manner. As of the date of the announcement, the company has accumulated 1.37 billion yuan in financial management in the past 12 months, redeemed 470 million yuan, and achieved an income of 7.0769 million yuan. The current financial management limit in use is 900 million yuan, with 300 million yuan remaining unused. This financial management has non-capital preservation risk and may fluctuate due to factors such as macroeconomic conditions.
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