New Fortune Technology Plans to Invest in Financial Products to Optimize Capital Efficiency

NightAirdropper · 2026-03-24T02:28:06+00:00

Anhui Xinfu New Energy Technology Co., Ltd. announced that it will reasonably utilize idle funds for cash management, striving to improve the efficiency of fund use and to generate better returns for shareholders. The company plans to purchase financial products with a total amount not exceeding 400 million yuan, without affecting normal operations. Additionally, the company is preparing to list on the Beijing Stock Exchange, and its operating revenue and net profit in 2025 are expected to show strong growth.

NightAirdropper

2026-03-24 02:28:06

Abstract generation in progress

On March 23, 2026, Anhui New Fortune New Energy Technology Co., Ltd. (Stock Code: 873855,简称 “New Fortune Tech”) announced that the company plans to reasonably utilize idle proprietary funds for cash management.

According to the announcement, to improve the efficiency of the company’s fund utilization and make reasonable use of idle proprietary funds for cash management, without affecting normal operations and the planned use of funds, the company can enhance the efficiency of using its own funds and increase returns, thereby seeking better investment returns for the company and shareholders.

Under the premise of ensuring normal operations and fund safety, the amount of a single purchase of financial products or the total amount of financial products held at any point in time shall not exceed RMB 400 million. Within this limit, funds can be used on a rolling basis.

Industry analysts point out that investing in financial products allows companies to effectively allocate idle funds, improve fund utilization efficiency, and reflects the company’s emphasis on cash flow management.

The company’s main business involves the research, production, and sales of liquid-cooled tubes, liquid-cooled plates, and precision alloy wires for new energy vehicle batteries. This announcement not only demonstrates New Fortune Tech’s prudent financial management strategy but also reflects its focus on fund efficiency during the IPO preparation process.

According to industry sources, the company plans to publicly issue shares and list on the Beijing Stock Exchange. On June 13, 2025, under the guidance of CITIC Securities, the company passed the guidance acceptance of the Anhui Regulatory Bureau of the China Securities Regulatory Commission. On February 3, 2026, the Beijing Stock Exchange issued the “Announcement of the 12th Review Meeting Results of the Listing Committee of the Beijing Stock Exchange in 2026,” confirming that Anhui New Fortune New Energy Technology Co., Ltd. meets the issuance, listing, and disclosure requirements.

In terms of performance, according to the company’s disclosed 2025 annual report, the company achieved operating revenue of 1.569 billion yuan, a year-on-year increase of 13.62%, and net profit of 110.2 million yuan, a year-on-year increase of 53.21%.

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