Workflow
桂发祥: 关于使用暂时闲置自有资金购买短期理财产品进展公告

Core Viewpoint - The company has approved the use of idle funds to purchase short-term financial products, specifically structured deposits, totaling up to RMB 300 million, with an initial investment of RMB 160 million [1][6]. Group 1: Financial Product Details - The company and its subsidiaries have signed agreements with CITIC Bank Tianjin Branch to invest a total of RMB 160 million in structured deposit products [1]. - The financial products are characterized as low-risk, principal-protected, and floating yield structured deposits [2]. Group 2: Risk Management - The company acknowledges potential risks associated with the investment, including market risk, interest rate risk, and liquidity risk, and plans to adjust investments based on macroeconomic conditions [2]. - Risk control measures include timely analysis and monitoring of the investment's performance, with actions taken if risks to capital safety are identified [2]. Group 3: Impact on Daily Operations - The investment in short-term structured deposits is designed to ensure the safety of the company's daily operations and will not affect the conduct of regular business activities [2]. - The company has conducted thorough assessments to ensure that the use of funds will enhance capital efficiency without disrupting operational activities [2]. Group 4: Historical Investment Overview - Over the past 12 months, the company and its subsidiaries have engaged in various investments in financial products, with a total principal amount of RMB 160 million currently invested [2][6].