Fortior Technology Issues Supplemental Announcement to Clarify Cash Management Proposal

Reuters08-01

Fortior Technology Issues Supplemental Announcement to Clarify Cash Management Proposal

Fortior Technology (Shenzhen) Co. Ltd. has issued a supplemental announcement to its circular dated July 29, 2025, regarding the proposal for using idle funds in cash management. The company clarified that an executive director will be authorized at the upcoming EGM to handle decisions related to this matter, involving RMB4.5 billion, which exceeds 50% of the company's recently audited total assets. The proposal requires prior shareholder approval due to its significance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortior Technology (Shenzhen) Co. Ltd. published the original content used to generate this news brief on August 01, 2025, and is solely responsible for the information contained therein.

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