COFCO Capital details 2026 plans for investments, donations, and leadership changes

COFCO Capital Holdings Co., Ltd. announced its board approved plans for 2026, including the use of temporary idle funds for wealth management and securities investments, each capped at a daily maximum balance of RMB 2.6 bn. These investments will involve risk-controlled products from financial institutions, including money market funds and bank wealth management products, as well as a range of securities investments such as new share placements and stock investments. Both investment mandates are valid from January 1, 2026, to December 31, 2026.

The company also approved a total of RMB 13.45 m for external donations in 2026 to support public welfare and rural revitalization, sourced from its own and its subsidiaries' funds. In leadership changes, Zhang Yang has been appointed as the new financial controller and chief accountant, replacing Li Degang, who will continue to serve in a subsidiary. Additionally, Jian Xia has been appointed as the new board secretary, replacing Jiang Zhenghua.