Summary by Moomoo AI
Citic Heavy Industries Co., Ltd. redeemed a large deposit product of 0.25 billion yuan on December 7, 2024, and actually obtained an income of 0.28125 million yuan. The funds are part of the company's cash management of idle raised funds, and the principal and income have been returned to the raised funds account.On July 25, 2024, the company held a board of directors and supervisory board meeting, approving the use of idle raised funds not exceeding 0.4 billion yuan for cash management, with a term of 12 months. As of December 9, 2024, the company still has 0.15 billion yuan in cash management products in the duration, and the unused cash management quota from raised funds is 0.25 billion yuan.Citic Heavy Industries stated that when conducting cash management, safe and highly liquid principal-protected products will be chosen, but due to the significant impact of the macroeconomy on the financial market, there is no guarantee that this investment will not be affected by market fluctuations, reminding investors to pay attention to investment risks.
