Juguang Technology (688167.SH) announced on November 20 that the company held the sixth meeting of the fourth session of the board of directors and the sixth meeting of the fourth session of the supervisory board on November 20, 2024. It reviewed and approved the "Proposal on the use of temporarily idle funds for cash management", agreeing that the company, under the premise of ensuring that it does not affect the implementation of investment projects funded and ensuring the safety of the raised funds, can use a maximum of 500 million yuan (including the principal) of temporarily idle capital for cash management. This will be used to purchase products with high investment security, good liquidity, low risk, and meeting the principle protection requirements (including but not limited to agreed deposits, structured deposits, time deposits, large certificates of deposit, and notice deposits). The term of use is valid for 12 months from the expiration date of the previous cash management authorization of the raised funds, from December 27, 2024 to December 26, 2025. Within the mentioned limit and period, the company can use it in a revolving manner.
炬光科技(688167.SH):拟不超5亿元的暂时闲置募集资金进行现金管理
Juguang Technology (688167.SH): plans to use no more than 0.5 billion yuan of temporarily idle funds raised for cash management.
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