Annuoqi: it is proposed to use idle raised funds of no more than 120 million yuan to temporarily supplement working capital
Financial Associated Press, Jan. 6 (Reuters) - annoch announced that on the premise of ensuring the capital demand for the construction of raised capital investment projects and the normal progress of raised capital investment projects, the company and its subsidiaries used the idle raised funds of 52 million yuan from non-public offering of shares in November 2017 and 68 million yuan from issuing shares to specific objects in April 2021, Idle raised funds totaling no more than 120 million yuan temporarily supplement working capital.
This text is a result of machine translation.
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