Hengyuan Coal redeems wealth management product, generating RMB 20.14 income
Anhui Hengyuan Coal Industry And Electricity Power Co., Ltd. (Hengyuan Coal) announced the redemption of a matured wealth management product, a Dragon Ding Jin Niu Customized 2890-day Income Certificate from Shenwan Hongyuan Securities. The product, purchased for RMB 5,000, was redeemed on December 11, 2025, generating an income of RMB 20.14 over its 89-day term. The initial decision to use idle self-owned funds for wealth management was approved at the company's Eighth Board of Directors' Seventeenth Meeting on August 20, 2025.
As of the announcement date, Hengyuan Coal's total investment in wealth management products over the past twelve months amounts to RMB 55,000 in principal, with RMB 5,000 still outstanding and RMB 50,000 already recouped. The company has accrued RMB 20.14 in actual income from its wealth management activities. The currently utilized wealth management quota stands at RMB 50,000, with an additional RMB 10,000 invested in treasury bond repurchase products.
The company's remaining unused wealth management quota is RMB 63,600, bringing the total approved wealth management quota to RMB 123,600. The redemption is part of the company's strategy to optimize the use of its idle self-owned funds.
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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