---
title: "Weizhixiang partially redeemed idle fundraising cash management, disclosing the situation over the past 12 months"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/257680730.md"
description: "Suzhou Weizhixiang Food Co., Ltd. announced that it will use part of its idle raised funds for cash management. The company agreed to invest no more than 200 million yuan of idle funds in principal-protected financial products. This 20 million yuan structured deposit will mature in 2025, with a principal repayment of 20 million yuan and interest of 27,500 yuan. In the past 12 months, a total of 719 million yuan has been invested, with 599 million yuan of principal recovered, earnings of 1.9346 million yuan, and 120 million yuan of principal yet to be recovered. Currently, 120 million yuan of the quota has been used, with an unused quota of 80 million yuan, for a total quota of 200 million yuan"
datetime: "2025-09-17T08:31:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/257680730.md)
  - [en](https://longbridge.com/en/news/257680730.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/257680730.md)
---

# Weizhixiang partially redeemed idle fundraising cash management, disclosing the situation over the past 12 months

Suzhou Weizhixiang Food Co., Ltd. announced the relevant situation of using part of the temporarily idle raised funds for cash management. The company previously approved the use of no more than 200 million yuan of idle raised funds to invest in principal-protected financial products. This time, 20 million yuan in structured deposits from China Construction Bank will mature and be redeemed in 2025, recovering the principal of 20 million yuan and interest of 27,500 yuan. As of the announcement date, the disclosure of the entrusted financial management situation using raised funds in the last twelve months shows a cumulative actual investment of 719 million yuan, with a recovered principal of 599 million yuan, earnings of 1.9346 million yuan, and an unrecovered principal of 120 million yuan. Currently, the used quota is 120 million yuan, the unused quota is 80 million yuan, and the total quota is 200 million yuan

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