Jifeng shares: 40 million cash management products expire and are redeemed, earning nearly 60,000.
Ningbo Jifeng Auto Parts Co., Ltd. announced that in March 2025, the company agreed at a relevant meeting to manage the idle funds not exceeding 350 million yuan per day through cash management, with a term not exceeding a certain number of months. Recently, the company used idle funds to purchase a structured deposit product for corporate customers from the Bank of Communications Beilun Branch, which has now matured. The product is the "Bank of Communications Point Gold Series Bullish Two-layer Range 31-day Structured Deposit", with a subscription amount of 40 million yuan, a term of 31 days, an annualized yield of 1.75%. The principal of 40 million yuan and earnings of 59,500 yuan have been returned to the fundraising account.
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