Jingdian Technology Implements Fund Replacement Strategy for Elevated Investment Projects, Enhancing Fund Utilization Efficiency to Safeguard Project Momentum
6 day ago / Read about 0 minute
Author:小编   

On October 22, Jingdian Technology made an announcement stating that its fifth board of directors, during their 14th meeting, had thoroughly reviewed and given their approval to a pertinent proposal. This proposal grants the company the flexibility to utilize its internal funds to partially finance the expenses associated with the "Industrialization Project of Electric Drive Transmission Components for New Energy Vehicles" as it progresses. Following this, an equivalent sum from the raised investment funds will be employed to replace the initially used internal funds. This replaced amount will then be officially recognized as funds allocated for the raised investment project.