According to the Pearl River Development announcement, the company recently redeemed expired wealth management products purchased using idle raised funds. The total principal amount was 30 million yuan, and the actual profit was 32,700 yuan. In October 2025, the board of directors of the company agreed to use no more than 220 million yuan of idle raised capital for cash management for a period of 12 months. As of December 23, the company has actually invested 180 million yuan in cash management using raised funds in the last 12 months, has not recovered 180 million yuan of principal, and an unused investment amount of 40 million yuan. The usage amount and period have not exceeded the authorization of the board of directors, and there are no cases where they have been overdue or not withdrawn.

Zhitongcaijing · 2d ago
According to the Pearl River Development announcement, the company recently redeemed expired wealth management products purchased using idle raised funds. The total principal amount was 30 million yuan, and the actual profit was 32,700 yuan. In October 2025, the board of directors of the company agreed to use no more than 220 million yuan of idle raised capital for cash management for a period of 12 months. As of December 23, the company has actually invested 180 million yuan in cash management using raised funds in the last 12 months, has not recovered 180 million yuan of principal, and an unused investment amount of 40 million yuan. The usage amount and period have not exceeded the authorization of the board of directors, and there are no cases where they have been overdue or not withdrawn.