Guangdong Guanghua Technology Co., Ltd. (hereinafter referred to as "the Company") convened the second meeting of the sixth board of directors, which reviewed and approved the proposal on the continued cash management of temporarily idle raised funds. The Company agreed to use no more than 500 million RMB of idle raised funds for cash management, based on the construction progress of the fundraising projects and actual fund arrangements, ensuring that it does not affect the normal use of the fundraising investment plan. The funds within the above limit can be used on a rolling basis. This matter does not involve related party transactions, and the investment period is valid for 12 months from the date of approval by the board of directors. The progress of the Company's purchase of cash management products is announced as follows:
002741SZSE
Progress Announcement on the Recovery of Idle Raised Funds for Cash Management Products
✨ AI Summary
Guangdong Guanghua Technology Co., Ltd. has approved the use of up to 500 million RMB of idle raised funds for cash management, ensuring no impact on investment plans. The company has recovered 50 million RMB from maturing financial products and plans to invest 23.5 million RMB in new cash management products. This strategy aims to enhance fund efficiency and generate returns for shareholders.
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