Gehua CATV expands wealth management program to boost returns
Beijing Gehua CATV Network has announced a supplementary plan to utilize its proprietary funds for entrusted wealth management, earmarking up to 3.5 billion yuan for investments, with a maximum of 1 billion yuan allocated to medium-risk products. These investments, ranging from low to medium risk, will include products from banks, trusts, securities, funds, and treasury bond repurchases, aiming to maximize idle capital returns without affecting daily operations. The investment period is from August 29, 2025, to December 31, 2025.
To address declining market interest rates, the company plans to increase its wealth management scale and diversify investment types to secure higher returns. This strategy is also intended to generate additional financial income and alleviate operational pressures during a challenging industry period. The company emphasized stringent risk control measures, including careful selection of financial institutions and continuous monitoring of investment performance.
In conjunction with these financial moves, Gehua CATV will hold a half-yearly performance briefing on September 15, 2025, from 14:00 to 15:00 at the Shanghai Stock Exchange Roadshow Center. This interactive online session will allow investors to engage with the company’s management regarding its operational achievements and financial status for the first half of 2025, with questions accepted from September 8 to September 12, 2025.
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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