688009.SH announced that China Railway Communications signal Co., Ltd. held the eighth meeting of the fourth session of the Board of Directors and the fourth meeting of the fourth session of the Board of Supervisors on August 8, 2022, and examined and passed the Bill on the use of temporarily idle funds raised for Cash Management. It is agreed that the company should use idle raised funds of no more than RMB 2.7 billion yuan (including capital) to carry out cash management under the circumstances of ensuring that the progress of the investment plan of the raised funds will not be affected, the normal production and operation of the company will not be affected, and the safety of the funds will be ensured, it is used to purchase investment products with high safety, good liquidity and capital preservation (including but not limited to structured deposits, time deposits and large certificates of deposit). The term of use shall not exceed 12 months and shall be valid within 12 months from the date of examination and approval by the board of directors and the board of supervisors. Within the foregoing quota and time limit, the company can recycle and roll it.