DZUG (01635) announced that Shanghai Dazhong Public Utilities (Group) Co., Ltd. plans to use idle self-owned funds for cash management, subject to maintaining sufficient working capital for normal operations. The initiative aims to enhance capital efficiency and optimize the use of surplus funds. The total amount, which can be utilized jointly and repeatedly by the company and its subsidiaries, is authorized for implementation by management. The entrusted financial management involves independent parties and does not constitute a connected transaction. The investment amount is RMB 1.2403475 billion.
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