Shanghai Junshi Biosciences Co. Ltd. held the fifteenth meeting of the fourth session of its Board of Directors on 27 November 2025. At the meeting, the board approved the "Proposal on Cash Management by Using Temporarily Idle Proceeds." Under this resolution, the company is authorized to manage a portion of its temporarily idle raised funds by investing in principal-guaranteed, highly secure, and liquid financial products such as call deposits, fixed deposits, agreement deposits, portfolio deposits, certificates of deposit, and structured deposits. The approval is valid for 12 months from the date of the board's decision, and the funds may be used on a revolving basis within this period. This matter does not require approval at the general meeting.
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. Shanghai Junshi Biosciences Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251127-11930943), on November 27, 2025, and is solely responsible for the information contained therein.
Comments