Lian Technology: Use part of the idle funds raised for cash management.
Lian Technology announced that the company approved the temporary use of idle raised funds not exceeding 64 million yuan for cash management on June 24, 2026. The duration of this approval is not more than 12 months from the date of approval, and the amount can be used in a revolving manner within the approved limit. Recently, the company used part of the idle raised funds within the authorized limit and signed a fixed-term deposit contract with China Bank Fenghua Branch, with the interest starting from July 3, 2026, and the maturity date set for June 20, 2027. The company stated that this decision will not affect fundraising projects and production operations, and will help improve the efficiency of fund utilization.
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