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Bethel: Announcement Regarding the Redemption upon Maturity of Cash Management Using Partial Idle Raised Funds
Securities Daily News, March 12 — Bethel announced that the company redeemed 40 million yuan of idle raised funds to purchase China Merchants Bank’s Jinjin Series bullish two-tier 90-day structured deposits, earning a profit of 162,700 yuan. As of the announcement date, a total of 1.67 billion yuan has been used for cash management over the past 12 months, with 750 million yuan recovered and 920 million yuan still unrecovered. The maximum single-day investment was 1.3 billion yuan, with a remaining available quota of 380 million yuan.
(Editor: Cong Kexin)