On December 9, Glorious Holdings reported that haibo heavy engineering science and technology (300517.SZ) announced that the board of directors approved the company and its subsidiaries to use no more than 50 million yuan of temporarily idle self-owned funds for securities investment, provided that the daily operation funding needs are met and risks are effectively controlled. This amount can be used within 12 months from the date of approval by the board of directors. Within the aforementioned amount and its effective period, funds can be reused on a rolling basis, and the income generated from investments can be reinvested. At any point during the period, the transaction amount (including the relevant amount of reinvestment from the income of the aforementioned investment) shall not exceed the securities investment limit.