Great Wall Motor (02333) issued an announcement that the Group can use no more than RMB 13.5 billion during the license period (accounting for...
According to the Zhitong Finance App, Great Wall Motor (02333) issued an announcement that the Group can use no more than RMB 13.5 billion (19.71% of the net assets of the company's audited consolidated financial statements on December 31, 2023) during the validity period of the authorization to purchase bank/securities companies' capital-protected, risk-controlled wealth management products, and the funds can be used on a rolling basis within the above amount.
While guaranteeing various capital requirements such as daily operations, the Group uses some idle funds to purchase capital protected wealth management products, which will not affect the Group's daily operations and the normal development of its main business, and is conducive to improving the efficiency of the use of idle funds.