China Resources Environment continues cash management of idle funds

China Resources and Environment (SSE:600217) announced the redemption of a 100 million yuan cash management product, generating a return of 358,300 yuan. The principal and earnings have been returned to the dedicated fund account. The company will continue its cash management strategy using 100 million yuan of idle raised funds. This time investment will be allocated to the China Everbright Bank principal-protected floating-rate structured deposit product for two months. This ongoing strategy aims to improve the efficiency of capital use and increase returns for the company and its shareholders, without impacting the company's normal operations or project construction. The total amount of cash management is limited to a 340 million yuan which the board of directors approved in August.