King Long Motor invests 439bn yuan in wealth management

Xiamen King Long Motor Group invested 439.2 billion yuan in wealth management products for April-June 2025, placing funds with 14 financial institutions including China Everbright Bank, Bank of China, and Industrial and Commercial Bank of China.

The principal-guaranteed structured deposits offer expected annualized yields of 0.1% to 2.6%. Over the past 12 months, total wealth management investments reached 1.6 trillion yuan, generating 3.7 billion yuan profit representing 13.63% of last year's net profit.