Core Viewpoint - Hunan Heshun Petroleum Co., Ltd. is actively managing its idle funds through entrusted financial products, with a total amount of 485 million yuan in ongoing investments as of June 30, 2025, and has generated a return of 3.8967 million yuan during the reporting period [1]. Group 1: Entrusted Financial Management Overview - The company approved the use of idle self-owned funds for entrusted financial management, with a total limit of up to 1.2 billion yuan, to enhance company revenue [1]. - The financial products purchased must be of high safety and liquidity, sourced from banks, securities companies, insurance companies, or trust companies [1]. - The investment period is set for 12 months from the date of approval by the annual general meeting [1]. Group 2: Financial Product Details - As of June 30, 2025, the company has various financial products, including large-denomination certificates of deposit and structured deposits, with expected annualized returns ranging from 1.30% to 3.55% [2][3][4]. - The total amount of ongoing financial products is 485 million yuan, with specific products having varying maturity dates and returns [2][3][4][5]. - The company has implemented a structured approach to manage these financial products, ensuring compliance with relevant laws and regulations [8]. Group 3: Risk Control Measures - The company has established strict investment principles and management practices to ensure the safety of funds used in entrusted financial management [8]. - Continuous monitoring and analysis of product net value changes will be conducted to mitigate potential risks affecting fund safety [8]. - The finance department is responsible for maintaining detailed records and accounting for the use of funds, while the audit department will oversee the usage of funds regularly [8].
和顺石油: 和顺石油关于使用闲置自有资金进行委托理财的进展公告