New Hope Service Holdings Ltd. has announced a strategic plan to enhance its financial flexibility and improve fund management efficiency. The company plans to utilize its unutilized proceeds by placing them in demand or time deposits with licensed banks or financial institutions. Alternatively, the funds may be used to subscribe to wealth management products that promise high security and good liquidity, with a maturity period not exceeding twelve months. This strategic move is aimed at optimizing the utilization efficiency and returns on the company's funds. Additionally, New Hope Service Holdings Ltd. intends to support strategic acquisitions and investments, with a revised allocation of HK$429.03 million, accounting for 60.75% of its planned use. Furthermore, the company is focused on upgrading its information systems and equipment, allocating funds for enhancements to its middleground, property management support, and lifestyle service support systems. These initiatives are expected to bolster the company's market competitiveness and drive long-term value for shareholders.
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