Beijing Compass boosts subsidiary capital, invests idle funds in bonds
Beijing Compass Technology Development announced on December 4, 2025, a decision to increase the capital of its wholly-owned subsidiary, Macao Securities Limited, by 100 million yuan using its own funds. This will raise Macao Securities' registered capital from 1.4 billion yuan to 1.5 billion yuan, with Beijing Compass retaining 100% ownership. This move aims to meet Macao Securities' operational development needs and support business stability.
Concurrently, the company also approved the use of up to 300 million yuan in idle funds to purchase bonds with a risk rating of AA or higher. This investment, with a 12-month validity period, aims to enhance capital utilization efficiency and generate shareholder returns without impacting core operations. Both resolutions were passed during board meetings.
These initiatives are expected to strengthen Macao Securities' financial position and optimize Beijing Compass's overall capital management. The company emphasizes that the capital increase and bond investments are financed by its own funds and are not expected to materially affect its current financial condition or operating results.
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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