Yunnan White powder plans to use 300 million yuan own funds for investment and financial management

NetEase Finance March 9 Yunnan white Powder 9th evening issued a notice, plans to use not more than 300 million yuan of their own funds to buy banking products, money market funds and other approved by the Board of Directors of financial objects and financial management.　　The maximum investment period is no more than one year. Earlier, Yunnan white powder issued a January announcement, said that benefits from the effective growth of product sales and reasonable control of costs and costs, the company's 2010-year performance compared with the same period a year ago, a significant increase in the parent company's net profit of 906 million Yuan ~10.26 billion, year-on-year increase of 50%~70%,　　Earnings per share is expected to be 1.30 yuan ~1.48 yuan.　　Yunnan White Powder 9th opened a lower, closed down 0.49%, reported closed at 56.52 Yuan. Responsible Editor: NF054