Jiebang Technology: Intends to use no more than 640 million yuan in idle funds for cash management.

date
16/12/2025
Jiebang Technology announced that the company will hold a board meeting on December 15, 2025 to review and approve the proposal to use some unused raised funds and self-owned funds for cash management. The company plans to use up to 350 million yuan of unused raised funds and up to 290 million yuan of self-owned funds for investment, with a term of 12 months from the date of approval by the shareholders' meeting. The funds within the limit can be used in a revolving manner. The proposal still requires approval from the shareholders' meeting. As of September 30, 2025, the company had an unused balance of 355 million yuan of raised funds, including 39 million yuan of excess raised funds.