News summary
Xinguodu and its subsidiaries plan to use no more than 3 billion yuan of idle funds to invest in high-security, high-liquidity financial products with a term shorter than one yeartodayfreecoinandspinFunds can be recycled.
Newsletter text
[Xindu (300130) announced that it will use no more than 3 billion yuan of idle funds to purchase wealth management products] On the evening of May 15, Xindu issued an announcement stating that the company and its subsidiaries plan to use no more than 3 billion yuan of idle own funds to invest in wealth management products with low risk, strong liquidity, and a duration of no more than 12 months. Within this limit, funds can be recycled to achieve efficient utilization of funds and bring additional benefits to the company.
