Temb Intelligent Tech Shandong CoSSE: 603448

(603448)"TEMB INTELLIGENT TECHNOLOGY (SHANDONG) CO., LTD."Announcement on Use of Bank Acceptance Bills, Foreign Exchange and Other Means to Pay Funds Required for Raised Funds Investment Projects and Equivalent Replacement with Raised Funds

· Issued by Temb Intelligent Tech Shandong Co via Shanghai Stock Exchange

Filed with SSE · Stock code 603448 · · 4 pages · Chinese

Summary by 6ix AI

Temb Intelligent Tech Shandong Co has announced its decision to use bank acceptance bills and foreign exchange to fund investment projects, replacing these with raised funds later. The filing outlines the basic situation of the raised funds and the investment projects involved. It details the process for using these financial instruments to ensure efficient fund management and compliance with regulatory requirements. The company believes this approach will lower financial costs and enhance fund utilization, benefiting shareholders. The announcement confirms that necessary procedures have been followed and that the actions align with regulatory standards.

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

On 6ix: 6ix.com/news/603448temb-intelligent-technology-shandong-co-ltdannouncement-on-use-of-bank-acceptance-bills-foreign-exchange-and-other-means-to-pay-funds-required-for-raised-funds-investment-projects-and-equivalent-replacement-with-raised-funds

Release

Announcement on Use of Bank Acceptance Bills, Foreign Exchange and Other Means to Pay Funds Required for Raised Funds Investment Projects and Equivalent Replacement with Raised Funds

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Temb Intelligent Tech Shandong Co on 6ix