FilingReader Intelligence
NARI Technology recovers 1.4bn yuan from cash products
August 13, 2025 at 05:08 PM UTC•By FilingReader AI
NARI Technology announced it recovered 1.43 billion yuan from matured cash management products using idle raised funds, generating 4.7 million yuan in profit.
The company invested in structured deposits with China Merchants Bank, CITIC Bank, and Bank of Communications following approval in August 2024 to utilize up to 1.43 billion yuan of idle funds.
All structured deposits have matured and been fully repaid into the company's fundraising accounts with no outstanding principal.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:600406•Shanghai Stock Exchange
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