McGrady Technology: it plans to use idle self owned funds of no more than 350million yuan for cash management
McGrady technology announced that the company held the 30th meeting of the third board of directors and the 22nd Meeting of the third board of supervisors on June 23, 2022, reviewed and passed the proposal on using some idle self owned funds for cash management, and agreed that the company would not affect the normal development of its main business, the needs of daily working capital turnover and capital security, Use idle self owned funds with a maximum amount of no more than RMB 350million, timely invest in wealth management products with high security, good liquidity and a single product term of no more than one year, or make time deposits and structural deposits, and such investment products shall not be used for pledge.
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