FilingReader Intelligence
Jiuzhou Pharma deploys 200m yuan in idle funds
August 14, 2025 at 11:19 AM UTC•By FilingReader AI
Zhejiang Jiuzhou Pharmaceutical Co deployed 200 million yuan in idle raised funds into bank time deposits with Industrial and Commercial Bank of China.
The investments include 40 million yuan for six months at 1.10% annualized yield and 160 million yuan for twelve months at 1.20%, both starting August 13, 2025.
The move is part of a broader strategy to manage up to 1.2 billion yuan in idle funds without affecting ongoing investment projects.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:603456•Shanghai Stock Exchange
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