LOPAL(SH:603906) Xin Lang Cai Jing·2026-01-09 11:00Core Viewpoint - The company announced the investment of 200 million yuan of idle funds raised from a private placement into bank wealth management products, indicating a strategic move to manage cash effectively and generate returns [1] Group 1: Investment Details - The company allocated 98 million yuan to a product with a term of 61 days, expected annualized yield of 0.6000% or 2.2882% [1] - An additional 1.02 billion yuan was invested in a product with a term of 62 days, with an expected annualized yield of 0.5900% or 2.2967% [1] - The total investment represents 5.59% of the company's cash holdings as of September 30, 2025 [1] Group 2: Regulatory Approval - The company received approval in March 2025 to utilize up to 600 million yuan of idle raised funds for cash management within a 12-month period [1] - This approval allows the company to optimize its financial resources while maintaining overall risk at a controllable level [1]