301611SZSE

Announcement on Using Idle Raised Funds for Cash Management

Suzhou Kematek, Inc.··4 pages

✨ AI Summary

The company plans to utilize idle raised funds for cash management, with a total of 75 million yuan allocated. The funds will be used for investment projects, including equipment upgrades and working capital. The management aims to enhance financial efficiency while ensuring compliance with regulations.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

The company and its board of directors ensure the accuracy and completeness of the information disclosed in this announcement, without any false records or misleading statements.

I. Basic Situation of the Fund Raising

According to the approval by the Shenzhen Stock Exchange, the company plans to convert 7,500,000 shares of its stock into a total of 75 million yuan, with a face value of 100 yuan per share, to be issued within 6 months. The trading venue will be the Shenzhen Stock Exchange.

II. Fund Raising Investment Projects

Based on the company's investment plan, the following projects will utilize the raised funds:

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.