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Tianfu Communications (300394.SZ) plans to use no more than 8 billion yuan of idle capital for cash management

Zhitongcaijing·09/18/2026 12:57:10
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Zhitong Finance App News, Tianfu Communications (300394.SZ) issued an announcement. The board of directors of the company reviewed and passed the “Proposal on Using Some Idle Own Funds for Cash Management”, agreeing that the company and its subsidiaries will use no more than RMB 8 billion of their own funds for cash management to purchase highly secure and highly liquid wealth management products without affecting normal operations. The matter is valid for 12 months from the date the company's shareholders' meeting makes a resolution. Within the validity period of the above amounts and resolutions, the funds can be used on a rolling basis.