FilingReader Intelligence

Wantai Bio continues cash management with idle funds

June 11, 2025 at 11:53 PM UTCBy FilingReader AI

Beijing Wantai Biological Pharmacy Enterprise (SSE:603392) announced the redemption of a CNY50 million structured deposit product that matured on June 6, 2025, yielding CNY585,900 in earnings. The company's board has authorized the continued use of idle funds raised from a non-public stock offering for cash management, with a maximum investment of CNY1.5 billion in low-risk, liquid products.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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