Tianhua Chaojing: it is proposed to use idle raised funds of no more than 150 million yuan to temporarily supplement working capital
Tianhua Chaojing announced that in order to improve the use efficiency of the raised funds, the company and its subsidiary Yibin Tianyi lithium industry science and Innovation Co., Ltd. ("Tianyi lithium industry") intend to use the idle raised funds of no more than 150 million yuan (including this amount) to temporarily supplement the working capital, and the service life shall not exceed 12 months from the date of approval by the board of directors, When the project is due or needs to be invested with raised funds, it shall be immediately returned to the special account for raised funds of the company.
This text is a result of machine translation.
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