Xiechuang Data: Continuing to carry out cross-border bilateral RMB fund pool business with the quota increased to 4.7 billion.

date
04/08/2026
Xiechuang Data announced that the company will hold a board meeting on August 4, 2026, agreeing to continue conducting cross-border dual-currency RMB cash pool business with Hangzhou Bank as the sponsoring enterprise. The cash pool supporting limit will be increased from no more than 1.8 billion yuan to no more than 4.7 billion yuan, and the limit can be reused throughout the business term. This matter does not constitute a related party transaction or a major asset restructuring and does not require discussion by the shareholders' meeting. The business aims to enhance the efficiency of fund utilization and has no adverse impact on the company, although there are risks influenced by macroeconomic factors.