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Sichuan Injet Electric (300820.SZ): plans to use no more than 1 billion yuan of idle funds for cash management.
Gelonghui, on March 7, announced that Sichuan Injet Electric (300820.SZ) held the 14th meeting of the fifth Board of Directors and the 14th meeting of the fifth Board of Supervisors on March 7, 2025. The proposal regarding the use of idle self-owned funds for cash management was approved, allowing the company and its subsidiaries to use idle self-owned funds for cash management, not exceeding 1 billion yuan (including the principal), while ensuring that normal Operation is not affected. The aforementioned limit will be used collectively by the company and its subsidiaries, with the authorization period not exceeding 12 months from the date of approval by the Board of Directors, within the indicated limit and time frame.
Recent 3.7% Pullback Would Hurt Sichuan Injet Electric Co., Ltd. (SZSE:300820) Insiders
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Sichuan Injet Electric (300820.SZ): Has cumulatively repurchased 0.629% of shares.
On February 6, Gelonghui reported that Sichuan Injet Electric (300820.SZ) announced that as of January 31, 2025, the company has repurchased a total of 1,394,000 shares through a special securities account for share buybacks by way of centralized bidding, accounting for 0.6290% of the company's current total share capital. The highest Fill Price was 53.67 yuan/share, the lowest Fill Price was 34.80 yuan/share, and the total transaction amount was 50.0491 million yuan (excluding transaction fees).
We Think Sichuan Injet Electric (SZSE:300820) Can Stay On Top Of Its Debt