richcasino50freespins| Yisheng Pharmaceutical: It plans to use no more than 350 million yuan of idle funds to purchase wealth management products

China Securities Intelligent Caixun Yisheng Pharmaceutical (002566) announced on the evening of May 20 that the company held the 13th meeting of the 8th Board of Directors and the 13th meeting of the 8th Board of Supervisors on the same day to review and approve the "Regarding the Use of Idle Self-owned Funds to purchase wealth management productsrichcasino50freespinsIn order to improve the efficiency of the company's capital use and rationally utilize idle self-owned funds, the company and its subsidiaries plan to use no more than 3 per cent on the premise of ensuring daily operating capital needs and capital security.richcasino50freespins.500 million yuan of idle own funds to purchase wealth management products. Funds can be used on a rolling basis within the above limit, and the use period shall not exceed 12 months.

The announcement stated that the company and its subsidiaries will strictly control risks in accordance with relevant regulations and conduct strict evaluations of wealth management products. The investment types to be carried out include financial institutions such as banks, securities firms, asset management companies and other financial institutions with high security, good liquidity, and stability. The investment period shall not exceed twelve months of wealth management products.