Electronic Technology: Intends to use up to 200 million yuan of idle raised funds for cash management.

date
29/06/2026
Jiangfeng Electronics announced that the company and its subsidiaries plan to temporarily use up to 200 million yuan of idle raised funds for cash management, effective for 12 months from the date of approval by the board of directors, and the funds can be used in a rolling manner. The investment will be in low-risk, high-security, good liquidity, and up to 12-month term guaranteed products. This matter has been reviewed and approved by the company's audit committee and board of directors, and the sponsor believes it complies with regulations and does not harm the interests of the company and shareholders by changing the purpose in disguise.