002602SZSE

Announcement on the Use of Idle Self-owned Funds for Entrusted Wealth Management

✨ AI Summary

Zhejiang Century Huatong Group Co., Ltd. plans to utilize up to RMB 600 million of idle self-owned funds for entrusted wealth management. This decision, approved by the board on April 28, 2026, aims to enhance fund efficiency and returns while ensuring liquidity and risk control. The investment will not affect the company's normal operations and is expected to optimize asset structure and increase shareholder returns.

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Full Translation

AI Translation· azure_openai

Announcement on the Use of Idle Self-owned Funds for Entrusted Wealth Management

Zhejiang Century Huatong Group Co., Ltd. and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Important Content Reminder:

  1. Investment Types: Investment and management of assets by professional wealth management institutions such as banks, trusts, securities, funds, futures, insurance asset management agencies, financial asset investment companies, and private fund managers.
  2. Investment Amount: The amount for entrusted wealth management using idle self-owned funds shall not exceed RMB 600 million. Within this limit, funds can be used on a rolling basis from the date of approval by the annual board meeting until the next annual board meeting. The transaction amount at any point during the period (including reinvestment of the aforementioned investment returns) shall not exceed the investment limit.
  3. Special Risk Reminder: The products invested by the company are low-risk wealth management products, but this investment may still be affected by macro market fluctuations, return volatility risks, and liquidity risks. Investment returns are uncertain, and investors are advised to pay attention to investment risks.

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