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Jiangsu Xiuqiang Glasswork (300160.SZ): plans to use no more than 0.5 billion yuan of temporarily idle raised funds for Cash / Money Market management.
On December 27, Gelonghui reported that Jiangsu Xiuqiang Glasswork (300160.SZ) announced that at the 17th meeting of the fifth Board of Directors and the 11th meeting of the fifth Supervisory Board held on December 27, 2024, it reviewed and approved the proposal on "Using part of the idle raised funds for cash management". To improve the efficiency of the use of idle raised funds and increase the company's Cash / Money Market returns, it was agreed that the company could use no more than 0.5 billion yuan (including this amount, the same below) of temporarily idle raised funds for cash management, provided that it does not affect the investment plan of the raised funds and ensures the safety of the funds. The authorization period starts from January 2025.
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Xiuqiang Co., Ltd.: Report for the third quarter of 2024
Jiangsu Xiuqiang Glasswork (300160.SZ): The net income in the third quarter was 60.5115 million yuan, a year-on-year increase of 10.85%.
On October 22, Glass Stocks (300160.SZ) announced its third-quarter report for 2024. In the third quarter of 2024, the company achieved revenue of 0.376 billion RMB, a decrease of 2.82% year-on-year; net income attributable to shareholders of the listed company was 60.5115 million RMB, an increase of 10.85% year-on-year; net income profit after deducting non-recurring gains and losses was 58.9949 million RMB, an increase of 13.30% year-on-year; basic earnings per share were 0.0783 RMB per share.