China Chippacking Technology Co. Ltd.SSE: 688216

(688216)"China Chippacking Technology Co., Ltd."Announcement on Use of Temporarily Idle Raised Funds for Cash Management

· Issued by China Chippacking Technology Co. Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 688216 · · 5 pages · Chinese

Summary by 6ix AI

China Chippacking Technology Co. Ltd. announced its plan to use temporarily idle raised funds for cash management purposes, ensuring it does not affect ongoing investment projects or the safety of the funds. The company intends to invest in low-risk financial products that offer high liquidity and capital protection, with a maximum investment amount specified. The board has approved this plan, which does not require shareholder approval, and has outlined risk control measures to manage potential investment risks. The investment is expected to enhance the efficiency of fund usage and increase returns for the company and its shareholders.

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

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