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Tianfu Communications announced on September 18 that the board of directors of the company deliberated and agreed that the company and its subsidiaries would use no more than RMB 8 billion of their own capital for cash management to purchase highly secure and highly liquid wealth management products without affecting normal operations. The matter is valid for 12 months from the date the company's shareholders' meeting makes a resolution. Within the validity period of the above amounts and resolutions, the funds can be used on a rolling basis. This bill still needs to be submitted to the company's 3rd Extraordinary Shareholders' Meeting in 2026 for consideration.

Zhitongcaijing·09/18/2026 10:33:12
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Tianfu Communications announced on September 18 that the board of directors of the company deliberated and agreed that the company and its subsidiaries would use no more than RMB 8 billion of their own capital for cash management to purchase highly secure and highly liquid wealth management products without affecting normal operations. The matter is valid for 12 months from the date the company's shareholders' meeting makes a resolution. Within the validity period of the above amounts and resolutions, the funds can be used on a rolling basis. This bill still needs to be submitted to the company's 3rd Extraordinary Shareholders' Meeting in 2026 for consideration.