Dinglong Technology's 115 million yuan idle raised funds cash management product matures and is redeemed, earning a profit of 229.6k yuan.

【Financial News】On April 1, Zhejiang Dinglong Technology Co., Ltd. (Securities Code: 603004; Stock Short Name: Dinglong Technology) issued an announcement stating that two structured deposit products purchased earlier using certain idle raised funds have matured and been redeemed. The total redeemed principal was 115 million yuan, and the investment return was 229.6k yuan.

The announcement shows that Dinglong Technology, in January 2025 and December 2025 respectively, obtained approvals through the board of directors and the shareholders’ meeting to use idle raised funds with a maximum amount not exceeding 350 million yuan and 330 million yuan for cash management. The company will invest in cash management products with high security, good liquidity, and low risk, and the额度 (amount) may be rolled over for use within the effective period.

The specific details of this redemption upon maturity are as follows:

As of the date of disclosure of this announcement, Dinglong Technology’s cumulative balance of cash management products purchased with idle raised funds was 163 million yuan. The company stated that within the past 12 months, the highest single-day balance and the usage term for cash management using idle raised funds did not exceed the scope authorized by the shareholders’ meeting. The related use of funds complies with the relevant provisions on raised funds management and has not affected the normal execution of the raised funds investment plan.

The redemption upon maturity of this cash management product demonstrates the company’s operating strategy of improving the efficiency of fund use by reasonably leveraging idle funds, while ensuring the safety of raised funds.

Click to view the full text of the original announcement>>

Statement: There are risks in the market; investment requires caution. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s viewpoints. Any information appearing in this article is only for reference and does not constitute personal investment advice. If there are discrepancies, please refer to the actual announcement. If you have any questions, please contact biz@staff.sina.com.cn.

Massive information, precise analysis—exclusively on the Sina Finance APP

责任编辑：小浪快报