On July 8th, GeLangHui announced that as of June 30, 2024, the total amount of the company's fixed-income project investment portfolio, excluding risky projects and after deducting impairment reserves, was approximately RMB 2.744 billion. Excluding risky projects, the annualized pre-tax guaranteed return on investment income for other projects obtained according to the contract was approximately RMB 0.18 billion, with a corresponding average annual pre-tax investment return rate of approximately 6.5%.
Compared with the investment portfolio as of March 31, 2024, the Group has added new investment projects in the second quarter, such as Wuxi Guojin Commercial Factoring fixed-income project, Zhuji Pingfengwu Ecological Cemetery project, and Yangzhou Hanjiang Park sewage treatment project. Withdrawal projects include Jiangdu People's Hospital remote construction project in Yangzhou, with a value of RMB 0.261 billion yuan, Daye Advanced Manufacturing Standard Plant Construction project in Hubei, with a value of RMB 0.2 billion yuan, and Yangzhou Hanjiang Park infrastructure supporting project, with a value of RMB 0.5 billion yuan.
