Qiangda Circuit (301628) Redeems Two Idle Fund Wealth Management Products, Accumulating Returns of 558,500 Yuan

Recently, Shenzhen Qiangda Circuit Co., Ltd. (Stock Code: 301628, Stock Abbreviation: Qiangda Circuit) announced that two cash management products previously purchased by the company have been redeemed upon maturity, with a total principal recovery of 70 million yuan and an investment gain of 558,500 yuan. This redemption operation is a reasonable allocation of idle funds within the scope of the company’s authorized authority, aimed at improving capital utilization efficiency.

The announcement shows that the two redeemed products are “Hongfu Bao 79th Income Certificate” issued by Tianfu Securities Co., Ltd. and “Unit Structured Deposit 7202503843” issued by Ningbo Bank Co., Ltd. Shenzhen Branch. The specific redemption details are as follows:

It is understood that on April 17, 2025, Qiangda Circuit held the 8th meeting of the second board of directors and the 8th meeting of the supervisory committee, during which the “Proposal on Using Part of Idle Funds for Cash Management” was reviewed and approved. The company agreed to use no more than 100 million yuan (including this amount) of idle funds for cash management within the scope of normal operations and fund safety, with an investment period of up to 12 months from the date of board approval, and the funds can be rolled over repeatedly. The amount and duration of this redemption are within the scope of the above authorization and do not require further approval from the board or shareholders’ meeting.

The announcement also discloses the company’s use of its own funds to purchase cash management products over the past twelve months. Data shows that during this period, the company made a total of 11 cash management investments, of which 9 have been redeemed and 2 are still active. As of the date of this announcement, the remaining balance of idle funds used for cash management that has not yet matured is 30 million yuan, which does not exceed the 100 million yuan limit authorized by the board.

Qiangda Circuit states that the company’s cash management of idle funds is carried out under the premise of ensuring normal business operations, operational capital needs, and risk controllability. This approach helps improve capital efficiency, increase returns on cash assets, and further enhance the company’s overall performance, generating more investment returns for the company and shareholders.

Regarding risk control, the company will strictly select financial products from reputable institutions with strict risk management, prioritize safety, liquidity, and low risk, and ensure that the investment period for any single product does not exceed 12 months. Additionally, the company will monitor product investments, supervise through internal audit departments, and conduct checks by independent directors and the supervisory committee to ensure fund safety.

Market analysts point out that Qiangda Circuit, by ensuring daily operational capital needs and reasonably allocating idle funds to obtain steady returns, demonstrates refined capital management capabilities. This helps increase the company’s profits and supports long-term development.

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