Core Viewpoint - Haitian Flavoring Food Co., Ltd. has announced an investment of 3.083 billion yuan in low to medium-risk financial products to enhance fund utilization efficiency after its recent IPO in Hong Kong [2][5]. Investment Details - The company has purchased various financial products, including: - ICBC Wealth Management's mixed open-end product valued at 300 million yuan with an expected annual yield of 2.40%-3.40% [2][3]. - Agricultural Bank of China's 7-day interbank certificate and enhanced RMB financial product valued at 220 million yuan with an expected yield of 2.10%-2.30% [2][3]. - Xinyin Wealth Management's closed-end product valued at 500 million yuan with an expected yield of 2.73%-2.93% [2][3]. - Another closed-end product from Xinyin Wealth Management valued at 500 million yuan with an expected yield of 3.00%-3.20% [2][3]. - Bank of China’s high-rated open-end product valued at 280 million yuan with an expected yield of 2.00%-2.50% [2][3]. - ICBC Wealth Management's mixed open-end product valued at 300 million yuan with an expected yield of 2.65%-3.45% [2][3]. Financial Position - As of March 31, 2025, the company's monetary funds amount to approximately 22.227 billion yuan, with the investment representing about 13.87% of the latest monetary funds, 9.17% of net assets, and 7.69% of total assets [4]. Board Approval - The company's board approved the investment plan to utilize idle funds for purchasing low-risk financial products, with a maximum investment amount of 10 billion yuan within one year from the board's resolution [4]. IPO and Investor Status - Following its recent IPO, Haitian Flavoring raised over 10 billion yuan, with cornerstone investors including Hillhouse, GIC, and others, collectively subscribing to 595 million USD [5]. However, the company's stock performance has been underwhelming, leading to losses for major investors [5].