Can't buy financial management. First of all, the investable scope of the fund is strictly restricted by supervision, and wealth management products are not within the allowed investment scope. During the opening period, the fund can carry out cash management, such as reverse repurchase (in short, borrowing funds from interbank financial institutions and charging interest). Secondly, the fund assets are independent and isolated from the fund company's own assets. Any income (including the opening period) will be owned by the fund holder and will not be pocketed by the fund company. Let me add that wealth management products are not risk-free products. You can think of them as bond funds This 3% risk-free return statement has a very serious misunderstanding.

After the listed companies raise funds by issuing securities, the raised funds are in an idle state due to the phased characteristics of the fund demand of the fundraising projects. Therefore, many listed companies use the raised funds to purchase wealth management products, in order to improve the efficiency of the use of raised funds and protect the interests of all shareholders of listed companies. The common violations of raising funds to buy wealth management products are sorted out as follows to avoid similar mistakes made by listed companies:

In 20 18, ZZGF, a small and medium-sized listed company, used its own funds and raised funds to purchase wealth management products, with a cumulative amount of 3130,000 yuan, exceeding 10% of the company's audited net assets in the previous year, but the company failed to disclose the interim report as required. The Shenzhen Stock Exchange issued a supervision letter to it. The amount of self-owned funds to purchase wealth management products and the amount of raised funds to purchase wealth management products should be calculated cumulatively, and it is necessary to consider applying the auditing and disclosure standards for foreign investment or entrusted wealth management to their accumulated amounts.

Due to improper use of accounting policies, RHRJ, a listed company on GEM, used the net method to calculate the cash flow generated by raising funds to buy wealth management products, which led to the cash flow statement of 20 19 semi-annual report. Cash flow from investment activities? Under the project? Cash received from investment recovery? And then what? Cash paid for investment? Each subject was undercharged by 730 million yuan, and the 20 19 semi-annual report was corrected by the total amount method afterwards.