FilingReader Intelligence

Wens Foodstuff repays idle raised funds

April 19, 2025 at 05:00 AM UTCBy FilingReader AI

Wens Foodstuff Group (SZSE:300498) announced that it has fully repaid the idle raised funds used to temporarily supplement working capital. The repayment, totaling CNY300,000,000, was made to the company's dedicated raised funds account. This action aligns with the resolution passed on April 26, 2024, which permitted the use of up to CNY350,000,000 for this purpose for a term not exceeding 12 months. The company confirmed that the use of these funds was carefully managed and did not disrupt the normal progress of its raised fund investment projects. The repayment information has been communicated to the company's sponsors.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:300498Shenzhen Stock Exchange
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