Beijing Leadman generates RMB 1.85m from cash management

Beijing Leadman Biochemistry generated RMB 1.85 million from recent financial management activities using idle funds.

The company redeemed RMB 80 million in structured deposits from Huaxia Bank, yielding RMB 1.00 million, while another RMB 100 million in deposits matured generating RMB 847,200. The redeemed funds were reinvested into new RMB 70 million structured deposits.

Beijing Leadman's total outstanding balance in financial products now stands at RMB 315.55 million, within its board-approved RMB 700 million limit for low-to-medium risk investments.