YouYou Foods(SH:603697) Shang Hai Zheng Quan Bao·2025-11-20 18:32Core Viewpoint - Youyou Food Co., Ltd. has announced the use of its own funds for entrusted wealth management, with a total amount not exceeding RMB 120 million, aimed at improving fund utilization efficiency and increasing returns for the company and its shareholders [2][3][10] Summary by Sections Investment Overview - The purpose of the investment is to enhance fund utilization efficiency and increase returns while ensuring daily operational funding needs and controlling investment risks [3] - The total amount for entrusted wealth management is capped at RMB 120 million, with a usage period of 12 months from the approval date by the annual shareholders' meeting [4] - The company has already invested RMB 11 million, leaving a balance of RMB 99 million available for further investment [4] Source of Funds - The funds for this entrusted wealth management come from the company's own capital [5] Investment Method - The purchased wealth management products have terms of 362 days, 364 days, and 361 days [6] Previous Wealth Management Redemption - The company previously invested RMB 12 million in wealth management products from Guotou Securities Co., Ltd. and China International Capital Corporation, redeeming the principal and receiving a return of RMB 103.67 thousand on November 19, 2025 [8] Risk Analysis and Control Measures - The finance department will analyze and track the investment products, maintaining a ledger for daily management and ensuring financial accounting is accurate [8] - The audit department will oversee the use and custody of entrusted funds [8] - Independent directors and the audit committee have the authority to supervise and check the entrusted wealth management situation [8] Impact on the Company - The investment in low-risk, high-liquidity wealth management products is expected to generate returns without significantly impacting the company's daily operations, financial status, or cash flow [10]