[Lelon] Subsidiary Lelon Electronics (Suzhou) Co., Ltd. Announces Disposal of Wealth Management Products
Key facts
- [Lelon] Subsidiary Lelon Electronics (Suzhou) Co., Ltd. Announces Disposal of Wealth Management Products
- Lelon Electronics' Suzhou subsidiary disposed of structured deposit products from Industrial Bank for 40 million RMB on June 3, 2026, realizing a profit of 175,298.63 RMB. The operation utilized internal funds.
- Source: PR Times
- Date: June 3, 2026
Direct answer
Lelon Electronics' Suzhou subsidiary disposed of structured deposit products from Industrial Bank for 40 million RMB on June 3, 2026, realizing a profit of 175,298.63 RMB. The operation utilized internal funds.
- Citation
- [Lelon] Subsidiary Lelon Electronics (Suzhou) Co., Ltd. Announces Disposal of Wealth Management Products (June 3, 2026), PR Times
- Source
- PR Times
- Date
- June 3, 2026
Lelon Electronics' Suzhou subsidiary disposed of structured deposit products from Industrial Bank for 40 million RMB on June 3, 2026, realizing a profit of 175,298.63 RMB. The operation utilized internal funds.
📋 Article Processing Timeline
- 📰 Published: June 3, 2026 at 09:00
- 🔍 Collected: June 4, 2026 at 12:00 (27h 0m after Published)
- 🤖 AI Analyzed: June 7, 2026 at 06:50 (66h 50m after Collected)
## Transaction Details
1. Target Asset: Industrial Bank RMB Structured Deposit (Principal-protected floating income wealth management product)
2. Date of Occurrence: June 3, 2026
3. Decision Authority: Chairman decision
4. Transaction Amount: 40,000,000 RMB
5. Counterparty: Industrial Bank
6. Disposal Gain: 175,298.63 RMB
7. Payment Terms: One-time payment
8. Pricing Basis: Comparison based on market interest rates
## Financial Status
- Cumulative Holding Amount: 0 RMB
- Percentage of Total Assets: 7.63%
- Percentage of Equity Attributable to Owners of the Parent: 1.93%
- Investment Purpose: Investment in principal-protected income products
1. Target Asset: Industrial Bank RMB Structured Deposit (Principal-protected floating income wealth management product)
2. Date of Occurrence: June 3, 2026
3. Decision Authority: Chairman decision
4. Transaction Amount: 40,000,000 RMB
5. Counterparty: Industrial Bank
6. Disposal Gain: 175,298.63 RMB
7. Payment Terms: One-time payment
8. Pricing Basis: Comparison based on market interest rates
## Financial Status
- Cumulative Holding Amount: 0 RMB
- Percentage of Total Assets: 7.63%
- Percentage of Equity Attributable to Owners of the Parent: 1.93%
- Investment Purpose: Investment in principal-protected income products
FAQ
Why do companies use financial wealth management products?
To maintain cash liquidity while securing higher yields than standard deposits, thereby improving asset efficiency.
How does this transaction impact the company's performance?
It is recorded as non-operating income, contributing slightly to net profit, but it has no direct impact on core business activities.
What is the disposal of a financial product?
It refers to the process of recovering the principal and realizing the gain upon maturity or early termination of a financial investment contract.