King Long Motor expands wealth management with $498bn in Q3 2025

Xiamen King Long Motor Group Co., Ltd. disclosed substantial entrusted wealth management activities for the third quarter of 2025, totaling 498,900 million yuan. The company partnered with 17 financial institutions, including major Chinese banks and international banking entities, to invest in a diverse range of low-risk, fixed-income, and structured products. These investments primarily consist of structured deposits linked to gold, foreign exchange rates, and corporate/personal yuan structured deposits, with expected annualized yields ranging from 0.1% to 2.45%.

The entrusted wealth management products, with terms generally under one year, aim to enhance capital efficiency and reduce financial costs. Notable products include "Poly-Win Gold - Linked Gold AU9999 Bullish Three-Tier Structured Deposits" with various maturity dates and expected yields, and multiple "Corporate Structured Deposits (Linked Exchange Rate Three-Tier Range A/E)" across different banks. The total amount invested in these products for July-September 2025 highlights the company's strategy to utilize idle self-owned funds for short-term, low-risk investments.

The company emphasized its stringent risk control measures, selecting only safe, liquid, and low-risk wealth management products. As of the announcement date, the total actual investment in wealth management products over the past twelve months amounted to 1,749,890.00 million yuan, with 1,538,590.00 million yuan already recovered, yielding a total actual income of 4,428.20 million yuan. The maximum single-day investment over the past twelve months was 369,600.00 million yuan, representing 85.84% of the previous year's net assets.