Strait Environmental Protection plans to invest 500 million yuan of its idle funds in cash management to improve the efficiency of capital utilization.

MaticHoleFiller · 2026-03-24T04:10:31+00:00

Fujian Strait Environmental Protection Group has decided to utilize up to 500 million yuan of its idle self-owned funds for cash management to enhance the efficiency of fund utilization. The investment period is 12 months, primarily investing in low-risk products such as bank deposits and government bond reverse repurchase agreements. The company commits to making investments under the premise of controllable risk and will implement strict management. Additionally, the announcement reminds investors to pay attention to market risks.

MaticHoleFiller

2026-03-24 04:10:31

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Fujian Straits Environmental Protection Group Co., Ltd. (Stock Code: 603817, Stock Abbreviation: Straits Environmental Protection) announced on March 20, 2026, that the company’s 22nd meeting of the 4th Board of Directors approved the proposal on “Using Own Funds for Cash Management,” agreeing that the company and its subsidiaries may use up to 500 million yuan of idle own funds for cash management to improve capital efficiency and preserve and increase the value of idle funds.

The announcement states that the funds for this cash management are from the company’s temporarily idle own funds, with an investment period valid within 12 months from the date of board approval. Within this limit, the company and its subsidiaries can use the funds in a rolling manner. The investment products will be selected from low-risk, highly liquid financial products issued by licensed commercial banks, securities firms, and other financial institutions, including bank notice deposits, fixed deposits, structured deposits, income certificates, and reverse repurchase products, with a holding period not exceeding 36 months (within 12 months from the date of board approval).

Item	Details
Investment Amount	Up to 500 million yuan (including reinvested earnings), available for rolling use
Source of Funds	Temporarily idle own funds
Investment Products	Low-risk products such as bank notice deposits, fixed deposits, structured deposits, income certificates, and reverse repurchase products
Investment Period	Valid within 12 months from the date of board approval; product holding period not exceeding 36 months
Approval Procedure	Approved by the 22nd meeting of the 4th Board of Directors, no need for shareholder approval
Authorized Entities	Company management, Finance Department, Board Office

The company states that this use of idle own funds for cash management is conducted under the premise of ensuring no impact on daily operations and fund safety, and effective risk control. It will not affect the normal operation of the company’s main business. To control investment risks, the company will strictly select issuing entities, establish sound approval and execution procedures for cash management, and the finance department will analyze and track the investment products and project progress in a timely manner, fulfilling information disclosure obligations according to relevant regulations.

Although the company chooses low-risk investment products, the announcement also reminds investors that financial markets are greatly affected by macroeconomic factors. There is a possibility of impact on returns due to market fluctuations, changes in macro financial policies, and other reasons. Investors are advised to be cautious of investment risks.

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Editor: Xiao Lang Kuai Bao

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