China Kangda Food Company Ltd. Announces Strategy to Utilize Net Proceeds for Strengthening Financial Position and Enhancing General Working Capital

Reuters

Aug 28

China <a href="https://laohu8.com/S/00834">Kangda Food</a> Company Ltd. Announces <a href="https://laohu8.com/S/MSTR">Strategy</a> to Utilize Net Proceeds for Strengthening Financial Position and Enhancing General Working Capital

China Kangda Food Company Ltd. has announced future strategic plans aimed at bolstering its financial position. The company completed a share placement of 20,000,000 shares, generating net proceeds of approximately HK$4.9 million. These funds are earmarked for use as general working capital to strengthen the Group's financial stability. The company's leadership, including executive directors Ms. Lang Ying, Mr. Gao Yanxu, and Mr. An Fengjun, alongside independent non-executive directors Mr. Hua Shi, Ms. Li Ying, and Mr. Wang Cheng, are overseeing these efforts. The focus remains on utilizing the proceeds effectively to support the Group's ongoing operations and enhance its financial health.

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. China Kangda Food Company Ltd. published the original content used to generate this news brief on August 28, 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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Announces Strategy to Utilize Net Proceeds for Strengthening Financial Position and Enhancing General Working Capital","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China <a href=\"https://laohu8.com/S/00834\">Kangda Food</a> Company Ltd. Announces <a href=\"https://laohu8.com/S/MSTR\">Strategy</a> to Utilize Net Proceeds for Strengthening Financial Position and Enhancing General Working Capital\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China Kangda Food Company Ltd. has announced future strategic plans aimed at bolstering its financial position. The company completed a share placement of 20,000,000 shares, generating net proceeds of approximately HK$4.9 million. 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Announces Strategy to Utilize Net Proceeds for Strengthening Financial Position and Enhancing General Working Capital\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-28 16:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China <a href=\"https://laohu8.com/S/00834\">Kangda Food</a> Company Ltd. Announces <a href=\"https://laohu8.com/S/MSTR\">Strategy</a> to Utilize Net Proceeds for Strengthening Financial Position and Enhancing General Working Capital\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China Kangda Food Company Ltd. has announced future strategic plans aimed at bolstering its financial position. The company completed a share placement of 20,000,000 shares, generating net proceeds of approximately HK$4.9 million. These funds are earmarked for use as general working capital to strengthen the Group's financial stability. The company's leadership, including executive directors Ms. Lang Ying, Mr. Gao Yanxu, and Mr. An Fengjun, alongside independent non-executive directors Mr. Hua Shi, Ms. Li Ying, and Mr. Wang Cheng, are overseeing these efforts. 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Announces Strategy to Utilize Net Proceeds for Strengthening Financial Position and Enhancing General Working Capital. China Kangda Food Company Ltd. has announced future strategic plans aimed at bolstering its financial position. The company completed a share placement of 20,000,000 shares, generating net proceeds of approximately HK$4.9 million. These funds are earmarked for use as general working capital to strengthen the Group's financial stability. The company's leadership, including executive directors Ms. Lang Ying, Mr. Gao Yanxu, and Mr. An Fengjun, alongside independent non-executive directors Mr. Hua Shi, Ms. Li Ying, and Mr. Wang Cheng, are overseeing these efforts. The focus remains on utilizing the proceeds effectively to support the Group's ongoing operations and enhance its financial health.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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The company's leadership, including executive directors Ms. Lang Ying, Mr. Gao Yanxu, and Mr. An Fengjun, alongside independent non-executive directors Mr. Hua Shi, Ms. Li Ying, and Mr. Wang Cheng, are overseeing these efforts. The focus remains on utilizing the proceeds effectively to support the Group's ongoing operations and enhance its financial health.\n      \n\nDisclaimer: 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. 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