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Revenues Not Telling The Story For CloudWalk Technology Co., Ltd. (SHSE:688327)
CloudWalk Technology Scraps Planned Share Sale
Cloud From Technology (688327.SH): Terminates the issuance of A shares to specific targets for the year 2023 and withdraws the application documents.
On August 6th, Gelunhui announced that Yuncong Technology (688327.SH) held the 21st meeting of the second board of directors on August 6, 2024, and approved the "Proposal on Terminating the Issuance of A-Share Stocks to Specific Objects in 2023 and Withdrawing the Application Documents", and the board of directors agreed to terminate the issuance of A-share stocks to specific objects in 2023 and withdraw the application documents. Since the company's first and second temporary shareholders' meetings in 2023 and 2024 have authorized the board of directors to handle the relevant matters of issuing A-share stocks to specific objects in 2023, and the authorization has not been revoked, the board of directors has
Yuncong Technology (688327.SH): has landed generative AI application scenarios for clients in industries such as ports, pharmaceuticals, manufacturing, electrical utilities, and banks.
On July 23, Gelunhui News reported that Yuncong Technology (688327. SH) stated on its investor interaction platform that the company attaches great importance to technological research and development, and is actively promoting the optimization and upgrade of the Yuncong model. At the same time, the Yuncong model has made significant progress in commercialization. Currently, it has established AI application scenarios in the industries of ports, pharmaceuticals, manufacturing, electrical utilities, and banks. Please pay attention to the information released by the company for further progress. With the continuous maturity of technology and the growth of market demand, there is further potential for commercialization of the Yuncong model.
Yuncong Technology (688327.SH): will use the remaining raised capital of 38.6651 million yuan for permanent supplement of working capital.
On July 5th, Gelun Hui reports that Yuncong Technology (688327.SH) announced that it had held the 5th independent director special meeting in 2024, the 20th meeting of the second board of directors, and the 17th meeting of the second supervisory committee on July 4th, 2024, and approved the Proposal on the Termination of Some Raised Projects for the Company's First Public Offering and the Permanent Supplement of the Remaining Raised Funds to the Working Capital. The company agreed to terminate the investment project "Light Boat System Ecological Construction Project" ("Light Boat Project") raised by the first public offering of funds and to supplement the remaining raised funds of 38.6651 million yuan (including interest income) permanently to working capital.
Health Check: How Prudently Does CloudWalk Technology (SHSE:688327) Use Debt?
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