Gelonghui November 13丨Yongxin Optics (603297.SH) announced that on June 30, 2023, the company and Zhongrong Trust signed the “Trust Contract for the Zhongrong - Tang Sheng No.1 Pooled Fund Trust Plan” (“Zhongrong Trust Contract”). The company purchased Tang Sheng 1 products with 50 million yuan of its own capital for a period of 50 million yuan from June 30, 2023 to October 30, 2023, and the distribution date is any one working day within 10 working days after accounting. As of the disclosure date of this announcement, the above trust products have expired, and the company has not received the principal and investment income of the above trust products. Other than the trust products mentioned above, the company has not purchased any other wealth management products related to China Finance Trust.
Since there is still uncertainty about the recovery of investment funds for the above trust products, there is a risk that all principal and interest will not be paid. If the principal and interest cannot be fully paid, it will adversely affect the company's profits. At present, the company is operating normally and the financial situation is stable. As of September 30, 2023, the company's monetary capital and transactional financial assets totaled 940 million yuan, total assets of 2 billion yuan, and balance ratio of 11.66%. The principal investment of 50 million yuan accounted for about 2.50% of the company's total assets at the end of the most recent period and about 2.83% of the company's net assets at the end of the most recent period. This matter did not affect the company's continuous operations and daily operating capital requirements.