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Zhuzhou CRRC Times Electric targets cash management products with up to CNY 1.5 billion idle funds

PUBT·08/19/2026 09:25:35
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Zhuzhou CRRC Times Electric targets cash management products with up to CNY 1.5 billion idle funds
  • Zhuzhou CRRC Times Electric’s board meeting on Aug. 19, 2026 set a cash-management plan for temporarily idle internal funds.
  • Up to CNY 15 billion, or equivalent foreign currency, earmarked for principal-protected bank products over the next 12 months.
  • Eligible products include structured deposits, large-denomination certificates of deposit, time deposits, notification deposits, or similar high-liquidity instruments.
  • Chairman, or an authorized delegate, empowered to make investment decisions and sign documents within the approved limit and term.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhuzhou CRRC Times Electric Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260819-12290223), on August 19, 2026, and is solely responsible for the information contained therein.