Jushri Technologies invests idle funds in structured deposits for capital appreciation
Jushri Technologies has engaged in cash management using a portion of its idle raised funds, as approved by its board of directors and supervisory board in April 2025, and by shareholders at the 2024 annual general meeting on May 20, 2025. The company is authorized to use up to 500 million yuan for low-risk, high-liquidity wealth management products, structured deposits, or large-denomination certificates of deposit, with the term extending until the 2025 annual general meeting.
Recently, Jushri Technologies invested 19 million yuan in a China CITIC Bank structured deposit with an expected annualized yield of 1.00% or 1.67%. The deposit started on October 14, 2025, and matures on December 17, 2025. Additionally, 7.5 million yuan was placed into a SPD Bank structured deposit with an expected annualized yield ranging from 0.70% to 2.00%, maturing on February 3, 2026.
These transactions are part of an ongoing strategy to maximize the return on idle capital without compromising the progress of existing fundraising projects. The company emphasizes adherence to prudent investment principles and ongoing monitoring of product performance and market conditions to mitigate risks.
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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