Runhe Materials announced that the company will adjust the amount of short-term low-risk wealth management products and reverse repurchases of treasury bonds using its own funds from no more than 200 million yuan to no more than 300 million yuan. The period will be adjusted to one year from the date of review and approval at the 18th meeting of the fourth board of directors, and the funds within the quota can be used on a rolling basis. The adjustments have been reviewed and approved by the company's board of directors, and there is no need to submit them to the shareholders' meeting for review. The sponsor agency has no objections to this.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.