Group 1 - The stock price of Wangfujing (600859) closed at 13.67 yuan on June 27, 2025, down 0.44% with a turnover rate of 1.23% and a trading volume of 138,500 shares, amounting to a transaction value of 190 million yuan [1] - On June 27, 2025, the capital flow for Wangfujing showed a net outflow of 28.0167 million yuan from main funds, accounting for 14.77% of the total transaction value, while retail investors had a net inflow of 14.4725 million yuan, representing 7.63% of the total transaction value [2][4] - The company's board of directors approved the use of up to 1.5 billion yuan of idle self-owned funds to purchase structured deposit products, with a daily balance limit of 1.5 billion yuan, and the authorization is valid for 12 months from the date of approval [2][4] Group 2 - Wangfujing announced an adjustment to the total cash dividend for the 2024 profit distribution, reducing it from 90,058,625.92 yuan to 89,914,513.92 yuan (including tax), due to the completion of the repurchase and cancellation of 11,118,027 shares, changing the total share capital from 1,135,049,451 shares to 1,123,931,424 shares [3]

Core Viewpoint - The company has approved the use of idle raised funds for cash management, specifically investing up to RMB 650 million in low-risk, high-security structured deposit products to enhance fund efficiency and returns for shareholders [1][2][3]. Group 1: Cash Management Product Redemption - The company purchased a structured deposit product from Industrial and Commercial Bank of China (ICBC) on May 30, 2024, with a total investment of RMB 650 million, which matured on May 19, 2025, yielding a total return of RMB 15,697,232.88 [2][3]. - The investment was fully recovered without any overdue amounts, and the funds were returned to the designated account for raised funds [2][3]. Group 2: Fundraising and Investment Purpose - The company raised a total of RMB 2,711.70 million through an initial public offering, with a net amount of RMB 2,620.05 million after deducting issuance costs [3]. - The purpose of using idle funds for cash management is to improve fund efficiency and increase returns without affecting the construction of investment projects [3][4]. Group 3: Investment Details - The total amount allocated for cash management is RMB 650 million, which is the maximum limit set for such investments [4]. - The structured deposit product has a maturity date of May 19, 2026, and is designed to be low-risk with a guaranteed principal [4][5]. Group 4: Risk Management - The structured deposit products are classified as low-risk investments with high security and liquidity, and the company has implemented measures to monitor and manage potential risks [5]. - The management team is responsible for overseeing the cash management products, with the finance department analyzing and tracking the investment's performance [5]. Group 5: Impact on the Company - The cash management initiative is expected to enhance fund efficiency and provide better returns to shareholders without significantly impacting the company's main business or financial status [6]. - The cash management investment represents 10.75% of the company's cash at the end of the most recent reporting period [6].