Foshan Haitian Flavouring And Food Company Ltd(603288) plans to entrust wealth management with no more than 7.5 billion yuan.
On March 24, Foshan Haitian Flavouring And Food Company Ltd(603288) ( Foshan Haitian Flavouring And Food Company Ltd(603288) , Foshan Haitian Flavouring And Food Company Ltd(603288) . SH) announced that the board of directors agreed that the company would use part of its own funds to purchase low-risk short-term financial products of banks, securities companies, asset management, companies and other financial institutions in order to improve the efficiency of capital use. The amount of entrusted financial management shall not exceed RMB 7.5 billion, and the validity period shall be within one year from the date of adoption of the resolution of the general meeting of shareholders of the company. The funds within the above limit can be recycled for investment and rolling use.
The announcement said that the financial management period shall not exceed one year, and the maximum period of a single investment product shall not exceed 12 months. The investment direction is mainly financial products with high credit level, low risk and good liquidity. The estimated rate of return of the short-term financial products purchased by the entrusted financial management is expected to be higher than the bank deposit interest rate in the same period. It is a financial product with low risk and stable net value, and shall not be directly or indirectly used to invest in stocks and their derivatives.
In addition, the announcement said that as of March 24, the company had occupied 5.619 billion yuan for entrusted financial management.
For the impact of financial products on the company, the announcement said that it will not affect the normal needs of the company’s daily capital turnover and the normal development of its main business, which is conducive to improving the efficiency and efficiency of capital use and is in line with the interests of the company and all shareholders.
Foshan Haitian Flavouring And Food Company Ltd(603288) is a condiment enterprise in China. At present, its products cover more than ten series, more than 100 varieties and more than 500 specifications, including soy sauce, oyster sauce, sauce, vinegar, cooking wine, sauce, chicken essence, chicken powder, fermented bean curd and hot pot bottom. Among them, soy sauce, seasoning sauce, oyster sauce, cooking wine and vinegar are the main products of the company.
On the same day, Foshan Haitian Flavouring And Food Company Ltd(603288) released the annual report of 2021. In 2021, the company’s operating revenue was 25.004 billion yuan, a year-on-year increase of 9.71%; The net profit attributable to shareholders of listed companies was 6.671 billion yuan, a year-on-year increase of 4.18%.
According to the annual report, the costs of major raw materials and energy continued to rise last year. Through all-round cost reduction and efficiency improvement, the company tapped its business potential and digested the adverse effects of rising costs to a certain extent. In the follow-up, the company will continue to strengthen lean management, promote the improvement of overall operation efficiency and effective cost control, and further improve the profitability of products.
As of the closing on March 24, Foshan Haitian Flavouring And Food Company Ltd(603288) was reported at 90 yuan, up 0.11% and down 14.38% year to date.
