North Core Life: plans to use no more than 630 million RMB of idlet raised funds for cash management.

date
05/06/2026
Northcore Life announced that the company held a board meeting on June 4, 2026, to approve the proposal to temporarily manage cash using up to 630 million yuan of idle funds. The source of funds is part of the idle funds raised from the first public offering of shares in 2026, with a term of use of up to 12 months from the date of approval by the board, for revolving use. The investment product is a principal-guaranteed product with high security and good liquidity, and any income earned belongs to the company. This matter falls within the approval authority of the board and does not require shareholder approval. Despite investing in low-risk products, the company will still be affected by market fluctuations and will take risk control measures.