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中顺洁柔:拟用不超1.5亿元闲置资金投资国债逆回购

c&s paper co., ltd.: It plans to invest idle funds not exceeding 0.15 billion yuan in national debt reverse repurchase.

Breakings ·  Nov 19, 2024 18:43

C&S Paper Co., Ltd. announced that the company and its subsidiaries plan to use idle own funds of no more than 0.15 billion yuan in the fiscal year 2025 for repurchase agreements of national bonds. This investment will be conducted in national bond repurchase varieties with collateral, traded on the Shenzhen and Shanghai stock exchanges, and with a maturity period not exceeding 182 days. The approved amount can be rolled over within 12 months from the date of approval by the board of directors without requiring approval from the shareholders' meeting. The company stated that such investments can enhance the efficiency of idle fund utilization and asset ROI while ensuring the funds needed for normal business operations are not affected. The board of supervisors believes that this investment will improve fund utility efficiency and will not have any adverse effects on the company's operations.

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