FilingReader Intelligence

Archermind Tech to boost capital with project surplus

February 26, 2025 at 05:08 PM UTCBy FilingReader AI

Archermind Technology (Nanjing) [SZSE:300598] announced it will permanently supplement its working capital with approximately RMB 13.1957 million in surplus funds from its "HongZOS operating system industry distribution project." The project, initially funded through a private placement of shares, has now been completed. The funds include principal and interest. The company stated that redirecting these funds will improve efficiency and meet capital needs without altering the original investment direction or harming shareholder interests. The decision was approved by the company's board and supervisory board.

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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