FilingReader Intelligence
Jereh Oilfield Services to use own funds for projects
July 11, 2025 at 05:17 AM UTC•By FilingReader AI
Yantai Jereh Oilfield Services Group will use its own capital to cover initial expenses for fundraising projects, then reimburse these payments with raised funds on a dollar-for-dollar basis.
The company will also invest up to 1.9 billion yuan of idle raised funds in low-risk, liquid wealth management products with maturities of up to 12 months to maximize capital utilization.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Announcement on the use of part of the idle raised funds for cash managementJuly 10, 2025 at 08:00 AM UTC
Guosen Securities' Verification Opinion on Jerry's Use of Self-Raised Funds to Pay Funds Required for Raised Investment Projects and Replacement with Raised Funds of Equal AmountJuly 10, 2025 at 08:00 AM UTC
Announcement of Resolutions of the 25th Meeting of the Sixth Board of DirectorsJuly 10, 2025 at 08:00 AM UTC
Announcement of Resolutions of the 22nd Meeting of the Sixth Board of SupervisorsJuly 10, 2025 at 08:00 AM UTC
Guosen Securities' Verification Opinion on Jerry Shares' Use of Part of Idle Raised Funds for Cash ManagementJuly 10, 2025 at 08:00 AM UTC
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