Zhejiang Jinhuan Precision Industry Co., Ltd. (hereinafter referred to as "the Company") held its third meeting of the seventh board of directors on May 27, 2026, and approved the proposal regarding the use of part of the idle raised funds for cash management. The Company will use no more than RMB 40 million of the idle raised funds for cash management, which will be effective for a period of no less than two months. The specific details are as follows:
300984SZSE
Progress Announcement on the Use of Idle Raised Funds for Cash Management
✨ AI Summary
The company held a meeting on May 27, 2026, to approve the use of RMB 40 million of idle raised funds for cash management. The funds will be allocated to two investment projects with expected returns of 0.8%-2.55%. The announcement outlines the investment risk analysis and management measures to be implemented.
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