Wangfujing Group commits RMB 600m to cash management

Wangfujing Group Co., Ltd. has committed a total of RMB 60,000万元 to cash management products, specifically structured deposits, using temporarily idle raised funds. These investments are spread across three maturities: 75 days, 89 days, and 188 days, facilitated through Huaxia Bank and Bank of Beijing. The company aims to achieve capital preservation and appreciation, boosting the efficiency of its financial assets while supporting its core business.

The decision was approved by the 26th meeting of the 11th board of directors, without requiring shareholder approval, as detailed in an announcement dated December 4, 2025. The group emphasizes that these are low-risk, capital-protected products, although it acknowledges potential market volatility due to macroeconomic factors. This strategy ensures the funds continue to work for the company while awaiting deployment in ongoing and future investment projects, including digital transformation and store upgrades.

As of September 30, 2025, Wangfujing Group's asset-liability ratio stood at 49.37%, indicating a healthy financial position for undertaking such management activities without impacting its main operations or financial stability. The total amount of idle raised funds utilized for cash management over the past 12 months, including this latest transaction, is RMB 145,000万元, with a maximum single-day investment of RMB 103,000万元.