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Fangda Carbon: Plans to use its own funds to purchase financial products, with a total amount not exceeding 1.6 billion yuan
Everyday Economic News AI Quick Report, March 6th, Fangda Carbon New Material (600516.SH) announced that the company and its controlled subsidiaries plan to use their own funds to purchase high-security, liquid financial products, with a total amount not exceeding 1.6 billion yuan (including this amount). This matter is within the approval authority of the board of directors and does not require shareholder approval. Valid for 12 months from the date of board approval. Within the above limit, funds can be used cyclically, and the obtained income can be reinvested.
Daily Economic News