China Merchants Shekou Plans to Use No More Than 10 Billion Yuan of Idle Self-owned Funds for Entrusted Wealth Management

Viewpoint.com News: On March 16, China Merchants Shekou Industrial Zone Holdings Co., Ltd. announced that the company and its subsidiaries plan to use temporarily idle proprietary funds for entrusted wealth management.

The total amount of this entrusted wealth management will not exceed 10 billion yuan, and the funds will be invested in financial institutions other than China Merchants Bank.

According to the announcement, this matter was approved at the fifth meeting of the fourth board of directors on March 13, 2026. The investment period is valid for one year from the date of approval by the board, and funds within the limit can be used in a rolling manner.

In terms of investment direction, the company will select wealth management products that are relatively safe, highly liquid, and offer comparatively high returns.

Disclaimer: The content and data of this article are compiled by Viewpoint based on publicly available information and do not constitute investment advice. Please verify before use.

(Editor: Wang Zhiqiang HF013)

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