Xiangyu Medical (688626.SH) Plans to Use Up to RMB 1 Billion of Temporarily Idle Raised Funds for Cash Management

Sunnyou (688626.SH) announced that the company has reviewed and approved the "Proposal on Using Part of the Temporarily Idle Raised Funds for Cash Management," agreeing that the company and its wholly-owned subsidiaries may use idle raised funds up to a maximum amount of RMB 1 billion for cash management, appropriately purchasing products with high safety and liquidity. Within the aforementioned limit, the funds can be reused in a rolling manner, with the usage period not exceeding 12 months from the date of approval by the Board of Directors.