Summary by Moomoo AI
Hongye Futures (stock code: 3678) plans to use equity capital of not more than RMB 8.05 billion for commission financing to improve capital efficiency and increase cash asset returns. The investment will involve medium-low risk financial products, including securities investment funds, trust products and asset management plans, and will be effective within 12 months. The company has complied with the relevant regulations and established internal controls to regulate investment management and prevent risks. In addition, the company will strictly comply with information disclosure obligations. CITIC CITIC SECURITIES AS A SPONSOR AND AFTER A CAREFUL REVIEW, THERE IS NO OBJECTION TO THE FACT THAT HONGYI FUTURES ARE ENTRUSTED WITH THE USE OF OWN FUNDS. The investment plan has been approved by the Board of Directors and the Supervisory Board and is subject to submission to the General Meeting. The announcement date is 26 April 2024.