Announcement of Resolutions from the Fourth Meeting of the Sixth Supervisory Board
- Stock Code: 300116
Stock Abbreviation: *ST Baoli
Announcement Number: 2024-059
The announcement details the resolutions passed during the fourth meeting of the sixth supervisory board of Baoli New Energy Technology Co., Ltd. The board approved the extension of the repayment period for idle raised funds of 40 million yuan to December 31, 2024, to temporarily supplement working capital. This decision aims to enhance the efficiency of fund utilization and alleviate liquidity pressure.
Summary generated by AI · Always verify with source document
Sign in to read the full translation
Free accounts get 10 full releases per month. Pro subscribers get unlimited access.