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Unigroup Guoxin Micro details wealth and cash management progress

September 15, 2025 at 05:20 PM UTCBy FilingReader AI

Unigroup Guoxin Microelectronics announced its recent activities in wealth and cash management, approved by its board of directors on February 28, 2025. The company is using up to RMB 660 million in idle raised funds for cash management and up to RMB 1.6 billion of its own funds for short-term principal-protected bank wealth management products. Both initiatives have a maximum duration of 12 months and allow for rolling use of funds within approved limits.

As of the announcement date, the company has engaged in various entrusted wealth management products. Notable new investments include RMB 200 million in Ping An Bank’s structured deposits (linked to gold), RMB 9 million in China Merchants Bank's structured deposits, and RMB 50 million in Shanghai Pudong Development Bank's “Li Duo Duo Company Tianli” structured deposits. These products are generally principal-protected with floating returns.

For idle raised funds, the company has purchased RMB 91 million in China Merchants Bank’s structured deposits. Additionally, as of September 15, 2025, the balance in dedicated fundraising accounts for entrusted deposits totaled RMB 483.7365 million. This includes RMB 207.5281 million with China Merchants Bank and RMB 276.2084 million with Ping An Bank. The company confirms no related-party relationships exist with the mentioned banks.

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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