Shanghai Ziyan Foods Co., Ltd.SSE: 603057

(603057)"ZIYAN FOODS GROUP CO., LTD."Announcement on Progress in Using Idle Raised Funds for Cash Management

· Issued by Shanghai Ziyan Foods Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 603057 · · 6 pages · Chinese

Summary by 6ix AI

Shanghai Ziyan Foods Co., Ltd. has announced progress in using idle raised funds for cash management, detailing the investment purpose and risk analysis involved. The company plans to utilize a portion of its idle funds for structured deposits, ensuring that this does not affect ongoing projects funded by the raised capital. The investment is expected to enhance the company's overall performance and provide returns to shareholders without disrupting daily operations.

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

On 6ix: 6ix.com/news/603057ziyan-foods-group-co-ltdannouncement-on-progress-in-using-idle-raised-funds-for-cash-management

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Announcement on Progress in Using Idle Raised Funds for Cash Management

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Shanghai Ziyan Foods Co., Ltd. on 6ix

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