Zhongfu Information Co., Ltd. (hereinafter referred to as "the Company" or "Zhongfu Information") held the 22nd meeting of the 6th Board of Directors on March 30, 2026, where it reviewed and approved the proposal on the use of idle self-owned funds for cash management. The board agreed that the Company and its wholly-owned subsidiaries may use no more than RMB 400 million of temporarily idle self-owned funds for cash management, provided that it does not affect the Company's operational funding needs. The proposal is subject to shareholder approval. The specific circumstances are announced as follows:
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Announcement on the Use of Idle Self-owned Funds for Cash Management by Zhongfu Information
✨ AI Summary
Zhongfu Information's board approved a proposal to use up to RMB 400 million of idle self-owned funds for cash management, aiming to enhance fund efficiency without affecting operational needs. The investment will focus on low-risk, high-liquidity financial products with a maturity of no more than 12 months. This decision requires shareholder approval and is expected to improve returns for the company and its shareholders.
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