Funeng Co., Ltd. announced that in order to improve the efficiency of the use of funds, the company used 200 million yuan of idle raised capital to purchase a 90-day structured deposit at the Fuzhou Cangshan Branch of the Bank of China. The product is a capital protected floating income type with an estimated annualized yield of 0.6%-1.77%. On January 30, 2026, the board of directors of the company reviewed and passed a bill to use no more than 1.85 billion yuan of idle raised capital for cash management. Although investment risk is manageable, it is still affected by market fluctuations.

Zhitongcaijing · 2d ago
Funeng Co., Ltd. announced that in order to improve the efficiency of the use of funds, the company used 200 million yuan of idle raised capital to purchase a 90-day structured deposit at the Fuzhou Cangshan Branch of the Bank of China. The product is a capital protected floating income type with an estimated annualized yield of 0.6%-1.77%. On January 30, 2026, the board of directors of the company reviewed and passed a bill to use no more than 1.85 billion yuan of idle raised capital for cash management. Although investment risk is manageable, it is still affected by market fluctuations.