Core Insights - The average annualized yield for public cash management products in RMB over the past three months is 1.364%, while USD cash products have an average yield of 3.894%, indicating a yield advantage for USD products [5] - Among the listed products, SuYin Wealth Management has two products in the top rankings, while other institutions like ZhaoYin Wealth Management, BeiYin Wealth Management, and others have one product each [5] Overall Performance - As of September 25, 2025, there are 6,517 RMB public cash management products, with only 39 products yielding over 2%, representing 0.6% of the total [5] - 1,143 products have yields between 1.5% and 2%, while over 80% of the products yield between 1% and 1.5%, totaling 5,298 products [5] Highlighted Product Analysis - The top two products are "QiYuan Cash No. 4 N" and "QiYuan Currency No. 3 G" from SuYin Wealth Management, with yields of 2.89% and 2.78% respectively [6] - The third-ranked product is "ZhaoYin Daily Gold No. 96 A," which has a yield of 2.16% and was launched in Q2 2025 with a fundraising scale of 14.3053 million [6] - "YangGuang BiLeHuo No. 195 I" from GuangDa Wealth Management, launched in Q2 2025, had significant fluctuations in yield, currently at 1.99% [6] - "HuiYin Cash Management Product No. 47-C" has shown considerable yield volatility since its launch, with an average yield of 2.01% over the past three months [10]

Overall Performance - The average seven-day annualized yield for RMB public cash management products is 1.383%, while for USD cash products, it is 3.910% as of September 11 [2] - There are a total of 6087 RMB public cash management products, with only 39 products (0.64%) having a yield above 2% in the last three months [2] - 1209 products (19.86%) fall within the yield range of 1.5% to 2%, while most products yield between 1% and 1.5% [2] - Notably, 22 cash products have a yield below 1%, including those from China Merchants Bank and Minsheng Bank [2] Highlighted Product Analysis - Among institutions, Su Yin Wealth Management, Bei Yin Wealth Management, and Nan Yin Wealth Management have the highest average yields over the last three months, at 1.760%, 1.710%, and 1.614% respectively [3] - Su Yin Wealth Management's "Qi Yuan Cash No. 4 N" and "Qi Yuan Currency No. 2 (ESG Theme) F" lead the rankings with average yields of 2.885% and 2.849% [3] - The "Zhao Win Daily Gold No. 96 A" from China Merchants Bank, launched on May 27, has a seven-day annualized yield of 2.19% and a risk rating of PR1 [3]