Olympic Circuit invests 100m yuan in low-risk wealth management

Olympic Circuit Technology Co., Ltd. announced it has utilized part of its idle raised funds for cash management, investing a total of 100 million yuan in two floating-yield certificates issued by GF Securities Co., Ltd. This move follows the company’s Fifth Board of Directors and Fifth Board of Supervisors Third Meetings on April 15, 2025, which approved a maximum of 1,100 million yuan for cash management over a 12-month period.

The investments include two products: "GF Securities Yield Certificate 'Yieldbao' No. 4" and "GF Securities Yield Certificate 'Yieldbao' No. 11". Both are classified as "brokerage wealth management" and are floating-yield certificates. The "Yieldbao" No. 4 product, with an investment of 50 million yuan, matures between September 3, 2025, and December 3, 2025, offering an expected annualized yield of 1.35%-2.25%. The "Yieldbao" No. 11 product, also with an investment of 50 million yuan, matures between September 3, 2025, and March 4, 2026, with an expected annualized yield of 1.35%-no cap.

The company emphasized that these cash management activities are undertaken without affecting the normal progress of its investment plans or the safety of its raised funds. This strategy aims to improve the efficiency of fund utilization and generate investment returns for the company and its shareholders. While these are low-risk products, the company noted potential risks related to market fluctuations, liquidity, credit, and operational factors.