FilingReader Intelligence
China Railway Signal invests 2.7bn yuan in cash management
August 4, 2025 at 07:07 AM UTC•By FilingReader AI
China Railway Signal & Communication Corporation will invest up to 2.7 billion yuan in temporarily idle raised funds for cash management.
The funds are part of the 10.35 billion yuan net proceeds from its 2019 IPO. They will be invested in highly secure, liquid, principal-protected products for up to 12 months to improve capital efficiency and shareholder returns.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
SSE:688009•Shanghai Stock Exchange
News Alerts
Get instant email alerts when China Railway Signal & Communication Corporation publishes news
Free account required • Unsubscribe anytime