Core Viewpoint - Shanghai New World Co., Ltd. has approved the continued use of raised funds to purchase wealth management products or structured deposits, aiming to enhance fund utilization efficiency while ensuring that it does not affect the construction of investment projects and the use of raised funds [1][2]. Group 1: Fund Utilization - The company will continue to use raised funds to purchase safe and liquid wealth management products or structured deposits, with a maximum purchase limit of 1.1 billion RMB authorized for one year from the date of the board meeting [1]. - In a subsequent board meeting, the company approved a reduced maximum purchase limit of 850 million RMB for similar investments, maintaining the focus on safety and liquidity with a capital protection commitment [2]. Group 2: Investment Performance - As of the announcement date, the company redeemed a structured deposit of 25 million RMB from China Merchants Bank, yielding a return of 104,794.52 RMB [3]. - The total amount of unused raised funds invested in wealth management products or structured deposits that have not yet matured is 763 million RMB, which remains within the authorized limits set by the board [3].
上海新世界股份有限公司关于使用募集资金购买理财产品或结构性存款到期赎回的公告