Aughtech Intends to Permanently Bolster Working Capital with RMB 145.5173 Million from Surplus Investment Funds, Awaiting Shareholder Approval
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Author:小编   

On July 24, 2026, Aughtech disclosed that its board of directors had given the green light to the completion of four significant investment projects during a meeting on July 22. The projects encompassed the "Enhanced R&D and Mass Production Initiative for Distributed Optical Fiber Sensing Systems," the "R&D Endeavor for Asset Digitalization Operation and Maintenance Platform," the "Construction Project for the R&D Center," and the "Working Capital Augmentation Project." By July 13, the raised funds had yielded a surplus of RMB 145.5173 million (encompassing reallocated excess raised funds, interest accrued from raised funds, financial products yet to reach maturity, and investment returns; the definitive amount will hinge on the actual balance in the raised funds account at the time of transfer). It is proposed that this surplus be permanently earmarked to supplement working capital for day-to-day operations. This proposal remains subject to the approval of the shareholders' meeting.