---
title: "NBJF: 40 million cash management products matured and redeemed, with earnings of nearly 60,000"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253946024.md"
description: "Ningbo Jifeng Automotive Parts Co., Ltd. announced that it recently redeemed a structured deposit product from China Merchants Bank worth 40 million yuan, with an annualized yield of 1.75%, generating nearly 60,000 yuan in income. The company will manage idle raised funds for cash management to ensure effective use of funds"
datetime: "2025-08-21T08:44:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253946024.md)
  - [en](https://longbridge.com/en/news/253946024.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253946024.md)
---

# NBJF: 40 million cash management products matured and redeemed, with earnings of nearly 60,000

Ningbo Jifeng Automotive Parts Co., Ltd. announced that in March 2025, the company agreed through relevant meetings to manage idle raised funds with a maximum daily balance not exceeding 350 million yuan, for a period not exceeding a certain number of months. Recently, the company redeemed the structured deposit product purchased with idle raised funds from the China Merchants Bank Beilun Branch upon maturity. This product is the "China Merchants Bank Point Gold Series Bullish Two-Layer Interval 31-Day Structured Deposit," with a subscription amount of 40 million yuan, a term of 31 days, and an annualized yield of 1.75%. The principal of 40 million yuan and earnings of 59,500 yuan have been returned to the special account for raised funds

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