Aikodi: Intends to use up to 3.5 billion yuan of its own funds for cash management.
Adcord announcement, in order to increase the return on idle self-owned funds, without affecting the company's daily operations and controllable risks, the Company and its holding subsidiaries will manage their self-owned funds totaling no more than RMB 3.5 billion in cash, purchasing risk-controlled financial products with terms ranging from 1 month to 12 months to improve the efficiency of fund utilization and increase returns on cash assets. Within the aforementioned limit, the funds can be used in a rolling manner.
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