Zhongji United: Uses 33 million yuan of idle raised funds to purchase structured deposits

date
03/11/2026
Zhongji United announced that its subsidiary, Zhongji Equipment, redeemed a matured RMB 35 million structured deposit on October 30, 2026, recovering principal of RMB 35 million and obtaining a return of RMB 31,200. On the same day, Zhongji Equipment used RMB 33 million of idle raised funds to purchase a 28-day principal-protected floating-return structured deposit from Industrial Bank Beijing Tongzhou Beiyuan Sub-branch, with an expected annualized yield of 1.00% or 1.58%. The cash management quota for this round does not exceed RMB 45 million, the funds may be used on a revolving basis, and the investment period is within 12 months from the date of approval by the board of directors on April 13, 2026.