Keli Motor Group redeems over 520,000 yuan from cash management

Keli Motor Group has announced the redemption of several cash management products totaling 110 million yuan, generating returns from its idle raised funds. On February 12, 2025, the company redeemed an ICBC structured deposit of 40 million yuan, yielding 261,500 yuan. Subsequently, on May 26, 2025, a China Everbright Bank structured deposit of 10 million yuan was redeemed, adding 43,800 yuan in income. On the same day, a Changsha Bank structured deposit of 20 million yuan yielded 101,300 yuan, and an Industrial Bank structured deposit of 20 million yuan generated 104,900 yuan.

Further redemptions include a China Minsheng Bank structured deposit of 10 million yuan on July 3, 2025, which provided 15,300 yuan in income. In total, these redemptions returned 110 million yuan in principal and 526,800 yuan in investment income, all of which has been credited back to the company’s fundraising account.

Keli Motor Group emphasizes that its cash management strategy focuses on high-security, high-liquidity, capital-guaranteed products like structured deposits to mitigate risks while optimizing the use of idle raised funds. The company's board of directors, supervisory board, and audit department are actively monitoring these investments to ensure compliance and safeguard capital.