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Aug 11, 2021 05:56 PM (GMT+8) · EqualOcean
Venture Huikang announced that the company held the fifth meeting of the seventh board of directors and the fifth meeting of the seventh board of supervisors on August 11, 2021, deliberated and adopted the proposal on using some idle raised funds for cash management. On the premise of ensuring that the construction of investment projects with raised funds is not affected and risks are effectively controlled, The company plans to use part of the idle raised funds of no more than RMB 500 million for cash management. Within the above limit, the funds can be recycled and rolled, and the service life shall not exceed 12 months from the date of deliberation and approval by the board of directors.