FilingReader Intelligence

Hwa Create completes fundraising project, bolsters working capital

June 9, 2025 at 10:11 PM UTCBy FilingReader AI

Hwa Create announced the completion of its "BeiDou+5G Fusion Terminal Baseband Chip R&D and Industrialization Project" and its plan to permanently allocate CNY43.48 million in remaining funds (including interest income) from the project to supplement working capital for daily operations. The company will need to obtain shareholder approval for the change.

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

SZSE:300045Shenzhen Stock Exchange

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