FilingReader Intelligence

Rockchip Electronics to use CNY 3bn in idle funds

May 29, 2025 at 05:10 PM UTCBy FilingReader AI

Rockchip Electronics (SSE:603893) announced plans to utilize up to CNY 3 billion of its idle proprietary funds for cash management purposes. The decision, approved by the company's board and supervisory board on May 29, 2025, aims to improve capital efficiency and increase shareholder returns without disrupting normal business operations. The strategy involves investing in low-risk, high-security, and highly liquid investment products. The authorization, pending shareholder approval, is valid for one year and allows for revolving use of the funds. Risk control measures will be implemented and the company will actively monitor investments. The plan is not expected to impact the company's core business.

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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