Asun group: Partial idle raised funds cash management products due for redemption of 200 million yuan.

date
22/01/2026
As the Xusheng Group announced, a relevant meeting in July 2025 agreed for the company and its subsidiaries to use up to 1 billion RMB of idle raised funds for cash management for a period of 12 months. By January 23, 2026, two products from the Beilun Branch of Ningbo Bank and the Beilun Branch of Zheshang Bank matured and were redeemed, with a total principal of 200 million RMB and a profit of 2.1965 million RMB, which was returned to the raised fund account. In the past 12 months, the company has actually invested 1.7 billion RMB of idle raised funds in financial management, recouping 900 million RMB in principal and making a profit of 8.4275 million RMB. There is still an unused amount of 800 million RMB, with the highest daily investment reaching 1 billion RMB, and the remaining financial capacity is 200 million RMB.