Shanghai Anlogic Infotech Co. Ltd.SSE: 688107

(688107)"SHANGHAI ANLOGIC INFOTECH CO., LTD."Announcement on Provision of Interest-free Loans to Wholly-owned Subsidiary Using Certain Raised Funds for the Implementation of Raised Funds Investment Projects

· Issued by Shanghai Anlogic Infotech Co. Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 688107 · · 5 pages · Chinese

Summary by 6ix AI

Shanghai Anlogic Infotech Co. Ltd. announced the provision of interest-free loans to its wholly-owned subsidiary for investment projects funded by raised capital. The company plans to use a portion of the raised funds to support specific investment projects related to advanced FPGA chip development. The board approved this decision during a recent meeting, ensuring compliance with relevant regulations and safeguarding shareholder interests. The funds will be managed under strict regulatory agreements to ensure their proper use for the intended projects.

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

On 6ix: 6ix.com/news/688107shanghai-anlogic-infotech-co-ltdannouncement-on-provision-of-interest-free-loans-to-wholly-owned-subsidiary-using-certain-raised-funds-for-the-implementation-of-raised-funds-investment-projects

Release

Announcement on Provision of Interest-free Loans to Wholly-owned Subsidiary Using Certain Raised Funds for the Implementation of Raised Funds Investment Projects

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

Shanghai Anlogic Infotech Co. Ltd. on 6ix

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