Cherish Sunshine International Limited Announces Use of Proceeds for Intelligent Service Projects

Reuters
23 May
Cherish Sunshine International Limited Announces Use of Proceeds for Intelligent Service Projects

Cherish Sunshine International Limited has announced a change in the use of proceeds from a recent transaction. Originally allocated for the expansion and development of its procurement services, approximately HK$16.9 million will now be invested into intelligent service-related projects. This strategic shift aims to optimize energy efficiency and enhance user experience by leveraging the company's existing energy management contracting business. The move is expected to broaden service offerings, enhance technological capabilities, and diversify revenue streams, aligning with the company's long-term development strategy. Further details on these investment projects will be disclosed in due course.

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