Jinhaitong: Using no more than RMB 220 million of idle funds for cash management.
Jinhaitong Announcement: The company will use up to 220 million yuan of idle raised funds for cash management, investing in secure and highly liquid principal-protected products with a maximum term of 12 months. This investment has been approved by the company's board of directors and endorsed by the sponsoring institution. The funds will be used in a rolling manner within 12 months to improve the efficiency of capital utilization and increase company profits. This investment will not affect the construction of raised funds projects and fund security. The company will adjust investment strategies in a timely manner according to market changes and strictly adhere to relevant regulations for management.
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