On November 25, Gelonghui reported that Zhejiang Huayou Cobalt (603799.SH) announced that, under the premise of ensuring the construction and use of raised funds projects, the company and its subsidiaries will use a maximum balance of no more than 0.4 billion yuan of idle raised funds for cash management at any point in time. Within the above time limit and quota, the funds can be used in a rolling manner. After cash management using idle raised funds expires, the funds will be promptly returned to the special account for raised funds.
华友钴业(603799.SH)：拟不超4亿元的闲置募集资金进行现金管理
Zhejiang Huayou Cobalt (603799.SH): Plans to use up to 0.4 billion yuan of idle raised funds for cash / money market management.
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