China Southern Road Machinery announced that on June 4, 2026, the company used 80 million yuan of temporary idle funds raised to purchase 2 structured deposit wealth management products, redeemed it on July 29, recovered 80 million yuan of principal and received a profit of 141,000 yuan. Both the principal amount and proceeds were returned to the fund-raising account. On April 28, 2026, the board of directors of the company agreed to use no more than 450 million yuan of temporary idle raised capital for cash management for a period of 12 months. As of July 29, the amount of cash management for unused raised funds was 146 million yuan.

Zhitongcaijing · 2d ago
China Southern Road Machinery announced that on June 4, 2026, the company used 80 million yuan of temporary idle funds raised to purchase 2 structured deposit wealth management products, redeemed it on July 29, recovered 80 million yuan of principal and received a profit of 141,000 yuan. Both the principal amount and proceeds were returned to the fund-raising account. On April 28, 2026, the board of directors of the company agreed to use no more than 450 million yuan of temporary idle raised capital for cash management for a period of 12 months. As of July 29, the amount of cash management for unused raised funds was 146 million yuan.