China's Baoan announced that the second meeting of the 15th board of directors of the company reviewed and passed the bill, agreeing to use no more than RMB 3.6 billion of its own funds to entrust financial management. Within the above amount, the funds can be used on a rolling basis. Types of entrusted financial management include low-risk wealth management products with high security and good liquidity, and monetary funds issued by financial institutions such as commercial banks. The purpose of entrustment financial management is to improve the efficiency of the use of the company's own funds, increase profits, and preserve and increase the value of the capital without affecting the daily operation and development of the company.

Zhitongcaijing · 3d ago
China's Baoan announced that the second meeting of the 15th board of directors of the company reviewed and passed the bill, agreeing to use no more than RMB 3.6 billion of its own funds to entrust financial management. Within the above amount, the funds can be used on a rolling basis. Types of entrusted financial management include low-risk wealth management products with high security and good liquidity, and monetary funds issued by financial institutions such as commercial banks. The purpose of entrustment financial management is to improve the efficiency of the use of the company's own funds, increase profits, and preserve and increase the value of the capital without affecting the daily operation and development of the company.