Core Viewpoint - Hongbaoli Group Co., Ltd. has announced the use of up to RMB 500 million of idle self-owned funds for entrusted wealth management and reverse repurchase of government bonds, with a validity period of one year from the date of approval at the first extraordinary shareholders' meeting in 2026 [1] Group 1 - As of January 13, 2026, Hongbaoli's stock closed at RMB 7.84, down 2.61% from the previous trading day, with a total market value of RMB 5.765 billion [1] - The stock opened at RMB 8.05, reached a high of RMB 8.07, and a low of RMB 7.82, with a trading volume of RMB 277 million and a turnover rate of 4.8% [1] - The investment will include short-term financial products issued by commercial banks and securities companies, as well as short-term government bond reverse repurchase products traded on the Shanghai and Shenzhen exchanges [1]