Further Technology: Using 19 million yuan of idle funds to purchase financial products.
Zai Sheng Technology announced that the company has used some temporarily idle own funds to purchase three financial products, including 80 million yuan of Industrial Bank Yuan Tai No. 9 collective fund trust plan B, 50 million yuan of Ningyin Financial Ningxin fixed income daily open product No. 2, and 60 million yuan of Shouchuang Securities Chuangning No. 3 collective asset management plan. The products have respective terms of 9 months, no fixed term, and 363 days, all of which are non-principal guaranteed floating income. The company stated that this operation will not affect the daily fund turnover and the main business operation, it will help to improve the efficiency of fund utilization. However, it does not rule out the possibility that the products may be affected by market and other risk factors.
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