Huguang Co., Ltd.: Subsidiary purchases 2.77 billion yuan of wealth management products from Citic Securities.

Huguang Corporation announced that its wholly-owned subsidiary, Chongqing Huguang, used 277 million yuan of idle funds to purchase 4 non-principal-guaranteed floating income financial products from the Suzhou branch of Zhongxin Securities. These products include "Everyday Profit Wealth - Exclusive for New Corporate Customers" with 50 million yuan and "Foreign Trade Trust - Yuewan Trust Enjoyment 1M3" with 100 million yuan. Entrusted financial management is influenced by various factors, and investment returns are uncertain.