FilingReader Intelligence
China Southern Airlines extends cash management of raised funds
May 24, 2025 at 05:04 AM UTC•By FilingReader AI
China Southern Airlines (SSE:600029) announced its decision to extend the cash management of temporarily idle funds raised from its A-share stock and convertible bond offerings. The decision, made at the May 23, 2025, board meeting, prolongs authorizations initially granted in 2024. The extension allows for managing up to CNY7 billion from the A-share offering and CNY12 billion from the convertible bond offering, investing in deposit-like products.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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