FilingReader Intelligence

Jingsheng Mechanical repays 400m yuan working capital early

August 15, 2025 at 10:41 AM UTC•By FilingReader AI

Zhejiang Jingsheng Mechanical & Electrical returned 400 million yuan of temporarily supplemented working capital ahead of its 12-month deadline, completing full repayment by August 14.

The company simultaneously secured approval for an additional 500 million yuan of idle raised funds for temporary working capital, potentially saving 15 million yuan annually based on 3% lending rates.

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

Announcement regarding the return of temporarily supplemented working capital raised fundsAugust 15, 2025 at 08:00 AM UTC

Supplementary Source Documents

Announcement regarding the temporary replenishment of working capital using a portion of idle raised fundsAugust 15, 2025 at 08:00 AM UTC

Industrial Securities: Verification opinion on Akcome Optronics' temporary use of idle raised funds to supplement working capitalAugust 15, 2025 at 08:00 AM UTC

Zhejiang Jingsheng Mechanical & Electrical

SZSE:300316•Shenzhen Stock Exchange

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