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Nexchip Integration Unveils Plan: Up to 8 Billion Yuan of Idle Self-Funded Assets for Cash Management
3 hour ago /
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Author：小编
On April 23, Nexchip Integration (688249.SH) revealed its intention to allocate up to 8 billion yuan of its idle self-funded assets towards cash management endeavors. This will be achieved by investing in financial products offered by institutions, specifically those characterized by high security, superior liquidity, medium-to-low risk, and consistent performance (in this context, "robust" can be aptly translated as "consistent" or "reliable"). The authorization for this financial strategy spans a period of 12 months, during which the allocated funds can be utilized in a cyclical manner.
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