Jindan Technology: Intends to use no more than 300 million yuan of idle funds to entrust wealth management.
Jindan Technology announced that the company held a board meeting on June 5, 2026 to approve the proposal to entrust the management of idle funds. The company and its subsidiaries plan to use up to 300 million yuan of idle funds to purchase financial products issued by banks, securities firms, and other financial institutions, with a maturity of 12 months, revolving credit, and a single term not exceeding 12 months. The management of funds will not affect the main business and can improve the efficiency of fund utilization. However, due to market fluctuations, actual returns may be lower than expected, so the company will take multiple measures to control risks.
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