Moore Threads Unveils Plan to Deploy Idle Raised Funds Up to RMB 7.5 Billion (Inclusive) for Cash Management
2025-12-12 / Read about 0 minute
Author:小编   

On December 12, Moore Threads made public its intention that the company, along with its subsidiaries engaged in fundraising investment projects, intends to utilize idle raised funds of up to RMB 7.5 billion (inclusive) for cash management purposes. The range of investment options encompasses agreement deposits, call deposits, fixed-term deposits, structured deposits, large-denomination certificates of deposit, income certificates, and other principal-secured products that boast high safety standards and excellent liquidity. The validity period for utilizing these funds spans 12 months from the date of approval granted by the board of directors, with the flexibility to use the funds on a rolling basis.