Haitian Flavor Industry plans to invest no more than 16 billion yuan in medium- and low-risk financial products

Zhongfang Network Data Foshan Haitian Flavoring Food Co., Ltd. (stock code: 603288, stock abbreviation: Haitian Flavoring) announced on March 27 its investment and wealth management plan for the year 2026. According to the announcement, the company plans to use no more than the equivalent of 16 billion yuan of its own idle funds to invest in low to medium risk wealth management products that have high safety, good liquidity, and lower risk, specifically including financial institution wealth management products, bond reverse repos, and interest rate bonds. This investment decision has been reviewed and approved by the company’s sixth board of directors at its twelfth meeting and does not require submission to the shareholders’ meeting for approval. The resolution is valid for one year from the date of approval by the board of directors, and the quota can be rolled over.

The company stated that this move aims to reasonably utilize idle funds to improve capital efficiency without affecting normal operations and the safety of funds. The investment funds are the company’s own idle funds, and the entrusted parties are limited to listed or strong banks, securities companies, and other financial institutions that have no related party relationship with the company. Although the risk rating of the investment targets is relatively low, the company also acknowledges that it may face risks related to the market, policies, liquidity, and force majeure. To this end, the company has established corresponding investment and wealth management systems to strengthen risk control and ensure the safety of funds.

From a financial impact perspective, Haitian Flavoring emphasizes that this wealth management plan will not affect the company’s daily operational cash flow and the normal conduct of its main business, and it is expected to help improve the efficiency of fund utilization. Relevant investments will be accounted for and reported in accordance with enterprise accounting standards. This large-scale wealth management plan reflects the company’s proactive management strategy for asset preservation and value enhancement in the context of ample cash flow.

Massive information and precise interpretation, all in the Sina Finance APP.