Longquan Shares: Plans to use no more than 100 million yuan of its own funds for entrusted wealth management

NightAirdropper · 2026-04-04T15:29:56+00:00

Everyday AI Express, on April 1, Longquan Co., Ltd. announced that the company and its subsidiaries plan to use idle own funds of no more than 100 million yuan for entrusted wealth management. The investment products are low-risk, good-liquidity wealth management products issued by financial institutions with good credit standing and sound financial conditions, such as banks and securities firms. The source of the funds is idle own funds. This matter has been considered and approved at the fifth meeting of the company’s sixth session of the board of directors, and therefore does not need to be submitted for approval at a shareholders’ meeting. Daily Economic News

NightAirdropper

2026-04-04 15:29:56

Daily Economic News AI Express, April 1st. Longquan Co., Ltd. announced that the company and its subsidiaries plan to use idle own funds of no more than 100 million yuan to invest in entrusted wealth management. The investment products are low-risk, liquid wealth management products issued by financial institutions such as banks and securities firms with good creditworthiness and financial conditions. The source of funds is idle own funds. This matter has already been reviewed and approved by the 5th meeting of the 6th session of the board of directors, and therefore does not require submission to a shareholders’ meeting for consideration.

Daily Economic News

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