Purple Swallow Food: Use 20 million yuan of idle funds raised to purchase structured deposits.

date
03/12/2025
Purple Swallow Food announced that on April 16, 2025, the company approved a proposal to use up to 470 million yuan of idle raised funds for cash management, with a usage period of 12 months. Recently, the company used 20 million yuan of idle raised funds to purchase a bullish two-tier 90-day structured deposit in the CMBC Wealth Management Point Series. The product has a term of 90 days, with an interest starting date of December 4, 2025, and a maturity date of March 4, 2026, with an expected annualized yield of 1.00%/1.65%. As of the disclosure date of the announcement, the company has used 327 million yuan of idle raised funds for cash management, which is within the authorized range.