NBFB(SH:600768) Zheng Quan Zhi Xing·2025-06-20 08:28Core Viewpoint - Ningbo Fubang Precision Industry Group Co., Ltd. has announced the utilization of idle funds for investment in low-risk financial products, aiming to enhance capital efficiency and provide better returns for shareholders [1][4]. Group 1: Investment Overview - Investment Type: Fixed income or other low-risk, liquid short-term financial products [1]. - Investment Amount: A total of 17 million yuan is allocated for this investment [2]. - Source of Funds: The funds are derived from temporarily idle self-owned capital generated during operations [2][4]. Group 2: Investment Details - The investment will be made in a flexible financial product that allows for subscription and redemption based on the company's cash flow needs [2]. - The specific financial product is a non-fixed term wealth management product from Industrial Bank, with an investment amount of 17 million yuan [2]. - The expected annual return is higher than the current bank deposit rates, thus improving the company's capital utilization [4]. Group 3: Approval Process - The investment proposal was approved during the 13th meeting of the 10th Board of Directors, allowing the company to use up to 50 million yuan for such investments [3][4]. - The authorization for this investment is valid for one year from the date of approval [4]. Group 4: Impact on the Company - The investment strategy is designed to ensure that the company's normal operations are not affected while seeking higher returns on idle funds [4]. - The company emphasizes risk management and will monitor the financial products closely to safeguard its capital [4].