Xiangjiang Holdings: it plans to terminate some projects invested with raised funds and permanently supplement the remaining raised funds with working capital

Consumer Staples, Healthcare, Real Estate Jun 24, 2022 04:01 PM (GMT+8) · EqualOcean

Xiangjiang holdings announced that it plans to terminate the construction of plot A1-1 of Changsha Gaoling Trade City Construction Project (hereinafter referred to as "plot A1-1 of Changsha project phase II"), and permanently supplement the working capital of RMB 110452million (including net interest) that has not yet been invested for the company's daily production and operation. In addition, considering that the Nansha project has been completed and accepted, the listed company plans to permanently supplement the remaining raised funds in the special account with working capital for the company's daily production and operation.

This text is a result of machine translation.

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