Summary by Futu AI
China Mobile Limited issued on 21 March 2024 a special report on the storage and actual use of the funds raised for 2023. According to the resolution of the 2021 Board of Directors and General Meeting, approved by the China Securities and Exchange Commission, the company issued A shares for the first public offering with a total of approximately RMB 519.81 billion, net post-issuance costs of approximately RMB 513.74 billion. In 2023, the company raised approximately $66.54 million in fundraising projects. The Company has also developed the “Fundraising Management Measures for China Mobile Limited” and has signed a third party regulatory agreement with several banks to regulate the management and use of fundraising funds. As of December 31, 2023, the fundraising pool is in good condition and there is...Show More