Asymchem Laboratories (06821) plans to use idle self-owned funds to purchase financial products.

21:27 13/03/2026

Kailaiying (06821) announced that the fifth session of the seventh board of directors meeting will be held on March 13, 2026, to deliberate and approve the "Proposal on Using Idle Own Funds to Purchase Financial Products." The company and its subsidiaries within the scope of the consolidated financial statements are allowed to use up to 4.5 billion yuan (or equivalent in other currencies, including the principal) of their own funds to purchase short-term financial products from financial institutions. The funds can be used repeatedly within a period of 12 months from the date of approval of this board meeting within the above-mentioned limit and timeframe.

Asymchem Laboratories (06821) announced that the fifth session of the seventh board of directors meeting will be held on March 13, 2026. The board reviewed and approved the proposal "On the Purchase of Financial Products using Idle Funds", allowing the company and its subsidiaries in the consolidated financial statements to use up to 4.5 billion RMB (or equivalent foreign currency) of idle funds to purchase short-term financial products from financial institutions. The funds can be used within a period of 12 months from the date of approval by the board, within the specified limit and time frame, and can be used repeatedly.

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