Xiamen Tungsten Co. Ltd.SSE: 600549

(600549)"Xiamen Tungsten Co., Ltd."Announcement on Progress of Redemption upon Maturity of Cash Management Products Purchased with Idle Raised Funds and Continued Cash Management

· Issued by Xiamen Tungsten Co. Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 600549 · · 10 pages · Chinese

Summary by 6ix AI

Xiamen Tungsten Co. Ltd. has announced the progress of redeeming cash management products purchased with idle raised funds and plans to continue cash management activities. The company aims to improve the efficiency of its idle funds while ensuring the safety of the raised funds and not affecting ongoing projects. Recent cash management activities have included various types of low-risk investments, with a focus on maintaining liquidity and safety. The company has successfully redeemed several cash management products, recovering both principal and interest, and plans to reinvest within authorized limits.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/600549xiamen-tungsten-co-ltdannouncement-on-progress-of-redemption-upon-maturity-of-cash-management-products-purchased-with-idle-raised-funds-and-continued-cash-management

Release

Announcement on Progress of Redemption upon Maturity of Cash Management Products Purchased with Idle Raised Funds and Continued Cash Management

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

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