Frequent buying and selling of gold and silver within two months, with precious metal profits accounting for nearly half of the profits from Blessing Life Services

[Caixin] Qifu Life Services (03686.HK) is a small property management company managing nearly 10.19 million square meters. In the past two months, it has frequently bought and sold precious metals. On the evening of March 2, Qifu Life Services announced that on February 23, February 27, and March 2, the company sold a total of 1,500 ounces of unallocated gold bars in three transactions, with transaction prices of 18 million, 10.8 million, and 25.7 million yuan respectively, totaling approximately 54.5 million yuan in cash. The company recorded an unaudited profit of about 560,000 yuan.

“Ounce” refers to the unit of measurement, approximately 31.10 grams in precious metal trading. “Unallocated gold bars” are gold bars stored centrally by banks, recorded only on the books, without specific serial numbers.