Haohua Technology: Intends to use idle funds not exceeding 1.9 billion for capital management and agreement deposits.

date
12/01/2026
Hao Hua Technology announced that the company issued shares to specific parties to raise a net amount of 4.497 billion yuan. On January 9, 2026, the board of directors agreed, along with related subsidiaries, to manage idle funds of up to 1.9 billion yuan in cash, with a term of 12 months and the ability to use the funds within the limit repeatedly. Authorized personnel are to make decisions, sign documents, and have the finance department implement the plan. At the same time, it was agreed to continue depositing the remaining funds from the issuance in time deposit accounts, with authorized personnel adjusting the balance and signing documents, for a term not exceeding 12 months. The independent financial advisor expressed no objections to the above matters.