---
title: "Milkground's 30 million idle fundraising cash management matures, redeeming the principal and earning 58,500 yuan in profit"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/254396159.md"
description: "Shanghai Milkground Food Technology Co., Ltd. announced that on November 18, 2024, its board of directors approved a proposal to use idle funds for cash management. On July 16, 2025, the company used 30 million yuan of idle raised funds to purchase structured deposits with a term of 39 days. This product matured on August 25, and the company has redeemed the principal of 30 million yuan, obtaining a return of 58,500 yuan, which meets expectations"
datetime: "2025-08-25T08:45:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/254396159.md)
  - [en](https://longbridge.com/en/news/254396159.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/254396159.md)
---

# Milkground's 30 million idle fundraising cash management matures, redeeming the principal and earning 58,500 yuan in profit

Shanghai Milkground Food Technology Co., Ltd. announced that on November 18, 2024, its 12th Board of Directors' first meeting and the first meeting of the Supervisory Board reviewed and approved the proposal to use temporarily idle self-owned funds and raised funds for cash management. On July 16, 2025, the company used part of the idle raised funds of 30 million yuan to purchase "2025 Currency-linked Corporate Structured Deposit Customized Phase 7 Product 316," with a term of 39 days. This product matured on August 25, and the company has redeemed the principal of 30 million yuan, obtaining a return of 58,500 yuan, which meets expectations, and both the principal and returns have been credited

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