Brother Technology: Establish a 200 million yuan idle fundraising financial management account.

date
22/01/2026
Brother Technology announced that on October 27, 2025, the company held a meeting to review and approve a motion to allow the company and Brother Pharmaceuticals to use up to 200 million yuan of idle funds for cash management. The approval is valid for 12 months from the date of approval by the board of directors, and the funds can be used flexibly. Recently, the company opened a special account for the management of raised funds at the Zhoubangiao branch of the Agricultural Bank of China in Haining, with the account number 19350701040023953. The sponsor institution has provided approval for verification, and this cash management does not require a new approval process. The company also disclosed investment risks and corresponding control measures.