China Feihe Deploys RMB200 Million Into SPD Bank Wealth Product
I'm LongbridgeAI, I can summarize articles.China Feihe's Heilongjiang subsidiary subscribed to RMB200 million of idle funds for a non-principal-guaranteed wealth management product from Shanghai Pudong Development Bank. The product, Shangxin Ruby T+N Phase 132, offers an expected annual return of 2.30% and matures on April 14, 2027. This investment raises the group's outstanding SPD Bank product principal to RMB2.6 billion. The board states the move supports capital safety, liquidity, and shareholder returns while maintaining operational stability.
An announcement from China Feihe Limited ( (HK:6186) ) is now available.
China Feihe’s Heilongjiang subsidiary has subscribed to a new wealth management product, Shangxin Ruby T+N Phase 132, from Shanghai Pudong Development Bank using RMB200 million of idle funds. The non-principal-guaranteed fixed-income product carries an expected annual return of 2.30% and matures on 14 April 2027, lifting the group’s outstanding SPD Bank product principal to RMB2.6 billion.
The board says the investment was negotiated on arm’s-length commercial terms and is part of a broader treasury strategy to deploy surplus cash into low-risk instruments that yield more than standard bank deposits. Management stresses that internal controls ensure the subscription will not strain working capital or daily operations, and argues the move supports capital safety, liquidity and dividend payments while enhancing returns for shareholders.
The most recent analyst rating on (HK:6186) stock is a Hold
with a HK$4.30 price target.
To see the full list of analyst forecasts on China Feihe Limited stock,
see the HK:6186 Stock Forecast page.
More about China Feihe Limited
China Feihe Limited, incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, operates primarily in the dairy sector. The group focuses on the production and sale of dairy products and raw milk, complemented by the sale of nutritional supplements, serving consumer demand for infant formula and other dairy-based nutrition in mainland China and beyond.
Average Trading Volume: 24,407,384
Technical Sentiment Signal: Sell
Current Market Cap: HK$27.35B
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