Mingxin New Material Co., Ltd.SSE: 605068

(605068)"MINGXIN NEW MATERIAL CO., LTD."Announcement on Progress of Redemption upon Maturity of Cash Management Products Purchased with Certain Idle Raised Funds and Continued Cash Management

· Issued by Mingxin New Material Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 605068 · · 5 pages · Chinese

Summary by 6ix AI

Mingxin New Material Co., Ltd. has announced the progress of redeeming cash management products purchased with idle raised funds, detailing the redemption of a significant amount of principal and the associated earnings from these investments. The company reported that it has successfully redeemed a portion of its cash management products and continues to manage its idle funds through low-risk investment strategies. Overall, the company aims to enhance the efficiency of its idle funds while ensuring that its investment activities do not affect ongoing projects or operations.

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

Release

Announcement on Progress of Redemption upon Maturity of Cash Management Products Purchased with Certain 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.

Link of Full Text for Reference:

Mingxin New Material Co., Ltd. on 6ix

Story so far

Earlier from Mingxin New Material

Later from Mingxin New Material

All Mingxin New Material news releases