Cai Jing Wang·2026-01-15 13:40Core Viewpoint - Luoyang Molybdenum Co., Ltd. plans to use no more than 20 billion RMB of its idle funds for wealth management and entrusted wealth management products, pending shareholder approval [1][4]. Group 1: Investment Plan - The company and its wholly-owned and controlling subsidiaries intend to invest in high-security, liquid wealth management or entrusted wealth management products, excluding structured deposits [4]. - The total investment balance for these products shall not exceed 20 billion RMB (or equivalent foreign currency), with the investment period effective from the date of approval at the 2025 annual general meeting until the 2026 annual general meeting [4]. - The board of directors approved this proposal on January 15, 2026, and it will be submitted for shareholder approval [4]. Group 2: Risk and Returns - The wealth management and entrusted wealth management products are considered to have controllable risks, although the returns may experience slight fluctuations that could impact the company's overall wealth management income [4].