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Jifeng Co., Ltd.: Announcement on the Maturity Redemption of Cash Management Products Purchased with Raised Funds
Securities Daily Online News: On February 25th, Jiexing Co., Ltd. announced that the company’s use of 20 million yuan of idle raised funds to purchase the “LiduoDuo Corporate Stable Profit 25JG4142 Phase (3-month bullish online exclusive) RMB corporate structured deposit” at the Pudong Development Bank Beilun Branch has matured and been redeemed. The principal of 20 million yuan and the earnings of 82,500 yuan have been fully returned to the designated fundraising account, with an annualized yield of 1.65% and a term of 90 days.
(Edited by Cong Kexin)