Kanghong Pharmaceutical: Using 50 million yuan of its own funds to purchase wealth management products.

date
06/08/2026
Kanghong Pharmaceutical announced that the company recently used its own funds of 50 million yuan to purchase Chengdu Bank's "Furong Jincheng" unit structured deposit. The product offers principal-protected floating returns and is a closed-end investment with a term of 92 days, with a start date/interest date of August 6, 2026, and an expiration date of November 6, 2026. The minimum guaranteed return is 1.00% - the expected maximum return is 1.80%. As of the announcement date, the company has cumulatively used 2.969 billion yuan to purchase principal-protected bank financial products that have yet to mature over the past twelve months, which is within the authorized limit.