
QCEC entrusts 70 million of its own funds for wealth management, implementing multiple measures to control risks
Anhui QCEC Co., Ltd. announced a trust investment plan. The company plans to use RMB 70 million of temporarily idle self-owned funds to purchase financial products from securities firms, with RMB 30 million allocated to GF SECURITIES' income certificate "Income Treasure" No. 11, and RMB 40 million allocated to Huaan Securities' floating income certificate of the 63rd phase. The terms are 274 days and 314 days, respectively. This matter has been approved by the company's board of directors, supervisory board, and the 2024 annual shareholders' meeting. Although the investment products are low-risk varieties, returns may be affected by market fluctuations. The company will strictly evaluate and select products and implement multiple risk control measures, which is expected to improve the efficiency of fund utilization and enhance overall performance

