ZTE Corporation dan anak perusahaan berencana menggunakan dana sendiri tidak lebih dari 40 milyar yuan untuk pengelolaan keuangan yang ditunjuk

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Beijing Business Daily (Reporter Wang Manlei) reported that on March 7, ZTE Corporation (000063) announced that the company and its subsidiaries plan to use their own funds for entrusted wealth management, with a limit of no more than 40 billion yuan.

ZTE stated that, under the premise of ensuring daily operational funding needs, using the company’s own funds to purchase wealth management products is beneficial to improve capital utilization efficiency and increase investment returns, thereby generating more returns for the company and shareholders. The company will strictly control risks in accordance with relevant regulations, conduct comprehensive assessments and prudent selection of wealth management products, and choose financial institutions such as banks, securities firms, and fund companies with overall controllable risks and suitable liquidity.

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