Zhitong Finance App News, Fudan Zhangjiang (01349) issued an announcement. The company held the 6th meeting of the 8th board of directors and the 5th meeting of the 8th board of supervisors on April 29, 2024 to review and pass the “Proposal on Using Temporary Idle Raised Funds for Cash Management”. The company uses temporarily idle funds raised with an amount not exceeding RMB 250 million (including capital) for cash management. The period of use is valid for 12 months from June 20, 2024. Within the aforementioned amount and period of use, funds can be used on a rolling basis.