Lates News

Ningbo Jifeng Automotive Parts Co., Ltd. announced that in March 2025, the company agreed at a meeting to use the idle funds raised, with a daily maximum balance not exceeding 350 million yuan, for cash management purposes for a certain number of months. Recently, the company used the idle funds to purchase a structured deposit product from the Bank of China Beilun Branch, which has now been redeemed upon maturity. The product was a "Bank of China Dianjin Series Two-Layer Interval 31-Day Structured Deposit" with a subscription amount of 40 million yuan, a term of 31 days, an annualized interest rate of 1.75%, and a principal amount of 40 million yuan, with earnings of 59,500 yuan returned to the fundraising account.