State Power Investment Corporation: Redeeming 740 million yuan of idle raised funds, cash management products received a profit of 692,800 yuan.

State Power Investment Corporation announced that the company has redeemed a portion of idle raised funds cash management products totaling 740 million yuan, earning a profit of 692,800 yuan. Among them, 460 million yuan was redeemed from a seven-day notice deposit at the Beijing Nanlishi Road branch of Industrial and Commercial Bank of China, earning 407,000 yuan; and 280 million yuan was redeemed from a seven-day notice deposit at the Beijing branch of China Merchants Bank, earning 285,800 yuan. After redemption, both the principal and profit have been deposited into the company's raised funds special account. As of the announcement date, the company's cash management balance is 3.26 billion yuan, which does not exceed the authorized limit set by the board of directors.