FilingReader Intelligence

Yifeng Pharmacy adjusts wealth management, repays funds

September 2, 2025 at 05:09 PM UTCBy FilingReader AI

Yifeng Pharmacy Chain disclosed its latest activities regarding entrusted wealth management of raised funds. The company redeemed a structured deposit product from China Merchants Bank, valued at 1,000.00 yuan, which matured on August 29, 2025. Concurrently, Yifeng Pharmacy purchased a new structured deposit product from Shanghai Pudong Development Bank for 900.00 yuan, with a 29-day term ending September 30, 2025. As of the announcement date, the total outstanding amount of entrusted wealth management using raised funds is 21,900.00 yuan.

Additionally, Yifeng Pharmacy Chain repaid 1,000.00 yuan to the raised funds special account, which had been temporarily used to supplement working capital. This repayment is part of a larger plan to return up to 110,000.00 yuan of temporarily idle raised funds, as approved by the board on April 15, 2025. Following this recent repayment, the outstanding balance of convertible bond raised funds used for working capital is 109,000.00 yuan.

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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