Fuyao Glass Industry Group (03606) plans to use its own funds for entrusted financial management.
Fuyao Glass (03606) announced that in order to improve the efficiency of the company's fund utilization and increase fund returns, while ensuring the normal operation and fund safety of the company, the company plans to use temporarily idle self-owned funds for entrusted wealth management. The company plans to use up to 2 billion yuan of temporarily idle self-owned funds for entrusted wealth management. Within the limit and term, the funds can be rolled over for use, and the transaction amount at any point in time within the term (including the relevant amount of reinvestment of the aforementioned investment income) does not exceed the aforementioned amount.
Fuyao Glass Industry Group (03606) announced that in order to improve the efficiency of the company's fund utilization and increase fund returns, while ensuring the normal operation and security of the company's funds, the company plans to use temporarily available funds for entrusted wealth management. The company plans to use no more than RMB 20 billion of temporarily available funds for entrusted wealth management, with the funds within the limit and term can be rolled over. The transaction amount at any point within the term (including the relevant amount for reinvestment of the aforementioned investment income) shall not exceed the aforementioned limit.
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