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Qian Jiang Water Resources Development Invests in Water Quality Upgrade
Qianjiang Water Resources Development (600283.SH): The holding subsidiary plans to invest in the Nanshan Water Plant water quality improvement project.
On February 10, Gelonghui reported that Qianjiang Water Resources Development (600283.SH) announced that the 12th temporary meeting of the 8th Board of Directors reviewed and approved the proposal regarding the investment project for water quality improvement at the Nanshan Water Plant in Yongkang City. Project construction details: The Nanshan Water Plant (0.2 million tons/day) will add a deep treatment process unit on top of the existing conventional processing units. The total investment for this project is 142.5 million yuan, which will be self-funded by the Yongkang company.
Qianjiang Water Resources Development (600283.SH): plans to use a maximum amount not exceeding 0.3 billion yuan of idle raised funds for cash management.
Glory Financial reported on January 9th that Qianjiang Water Resources Development (600283.SH) announced that in order to improve the efficiency of the raised funds, without affecting the normal implementation progress of the company's fundraising investment projects, the company intends to use part of the idle raised funds for cash management, with a maximum amount not exceeding 0.3 billion yuan, within 12 months from the date of the Board of Directors' approval. The above amount can be used repeatedly within the validity period of the resolution.
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