On April 12, 2024, Zhejiang Viewshine Intelligent Meter (002849.SZ) announced that it signed a structured deposit product subscription agreement with Bank of Ningbo. The company used idle own funds of RMB 60 million to purchase its unit structured deposit 7202402096, which started on April 15, 2024, and matured on July 15, 2024, with an annualized interest rate of 1.50% -2.90%. The company redeemed the principal of RMB 60 million on July 15 and received a wealth management income of RMB 433,808.22 on July 17. The principal and wealth management income have been returned to the company's own fund account.
The company invested in structured deposit products through the Hangzhou Branch of Shanghai Pudong Development Bank, using idle raised funds of 50 million and idle own funds of 60 million.
