Renaissance Intelligent: Plans to use up to 200 million RMB of oversubscription and idle funds for cash management.

date
13/11/2025
Rena Intelligent announced that the actual net amount raised from the company's initial public offering of shares was 917 million yuan. As of October 31, 2025, a total of 280 million yuan has been invested in committed projects, with an investment progress of 67.49%; an additional 300 million yuan from over-raised funds has been invested. Due to some of the raised funds being temporarily idle, the company plans to use up to 200 million yuan of the over-raised and idle funds for cash management, with a term of use starting from the approval of the shareholders' meeting for 12 months and can be rolled over for use. The product is a short-term guaranteed security type with high security and good liquidity, and cannot be pledged. This matter has been approved by the board of directors and still requires approval from the shareholders' meeting.