---
title: "ST BaLi: Plans to use no more than 100 million yuan of its own funds for cash management"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/226280362.md"
description: "ST BLEST announced that the company and its holding subsidiaries plan to use a total of no more than RMB 100 million of idle self-owned funds for cash management, with a usage period effective for 12 months from the date of approval by the board of directors. Within the above limit and period, the funds can be used in a revolving manner. The company held its fifth board of directors' second meeting on January 24, 2025, and approved the proposal on the use of self-owned funds for cash management"
datetime: "2025-01-26T11:59:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/226280362.md)
  - [en](https://longbridge.com/en/news/226280362.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/226280362.md)
generator: "portal-rs"
---

# ST BaLi: Plans to use no more than 100 million yuan of its own funds for cash management

ST BLEST announced that the company and its holding subsidiaries plan to use a total of no more than RMB 100 million of idle self-owned funds for cash management, effective for a period of 12 months from the date of approval by the board of directors. Within the above limit and period, the funds can be used in a revolving manner. The company held its fifth board of directors' second meeting on January 24, 2025, and approved the proposal on the use of self-owned funds for cash management

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**