FilingReader Intelligence
Weflo Valve invests RMB 61m in cash management
February 16, 2025 at 08:05 PM UTC•By FilingReader AI
Qingdao Weflo Valve Co., Ltd. (SZSE:002871) announced that it has invested RMB 61 million in a wealth management product offered by China CITIC Bank's Qingdao Chengyang branch. This investment is part of the company's ongoing strategy to manage idle funds raised from investors, with the goal of enhancing shareholder value.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SZSE:002871•Shenzhen Stock Exchange
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