Chipsea Technologies Shenzhen Corp. Ltd.SSE: 688595

(688595)"Chipsea Technologies (Shenzhen) Corp., Ltd."Announcement on Use of Certain Idle Raised Funds and Self-owned Funds for Cash Management

· Issued by Chipsea Technologies Shenzhen Corp. Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 688595 · · 8 pages · Chinese

Summary by 6ix AI

Chipsea Technologies Shenzhen Corp. Ltd. announced its plan to use certain idle raised funds and self-owned funds for cash management purposes. The company aims to improve fund utilization efficiency while ensuring that the investment does not affect project construction or fund safety. The investment will focus on low-risk, liquid principal-protected products, with a maximum balance allocated from various sources of idle funds. The board has approved this plan, which does not require shareholder meeting approval, and includes risk control measures to safeguard investments. The intermediary institution has confirmed that the plan complies with relevant regulations and will not harm the interests of shareholders.

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

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