On December 24, Gelonghui reported that Guangzhou Tongda Auto Electric (603390.SH) announced that on December 23, 2024, the company held the 20th (temporary) meeting of the fourth Board of Directors and the 15th (temporary) meeting of the fourth Supervisory Board, reviewing and approving the "Proposal for the Use of Some Idle Self-owned Funds for Cash Management", agreeing that the company and its subsidiaries, under the condition of ensuring the liquidity needed for normal operations, may use no more than 0.5 billion yuan (including this amount) of temporarily idle self-owned funds for cash management.
通达电气(603390.SH)：拟使用不超5亿元(含本数)的暂时闲置自有资金进行现金管理
Guangzhou Tongda Auto Electric (603390.SH): Plans to use no more than 0.5 billion yuan (including this amount) of temporarily idle self-owned funds for Cash / Money Market management.
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