Harbin Electric Issues Clarification on Fund Utilization in 2024 Annual Report

Reuters

Jul 10

<a href="https://laohu8.com/S/01133">Harbin Electric</a> Issues Clarification on Fund Utilization in 2024 Annual Report

Harbin Electric Company Limited has issued a supplemental announcement clarifying the use of funds from their 2017 domestic share subscription. Initially planned for full utilization by December 2023, the funds were fully deployed by December 31, 2024, towards a nuclear power technology upgrade project. This correction, detailed in their 2024 annual report, does not affect any other content of the report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harbin Electric Company Limited published the original content used to generate this news brief on July 10, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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