---
title: "CITIC Limited: CITIC Metal plans to use no more than 650 million yuan of idle self-owned funds for cash management"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229755224.md"
description: "According to the Zhitong Finance APP, CITIC Limited announced that in order to further strengthen the management of surplus funds, while ensuring the safety and liquidity of funds, and improving the efficiency of fund utilization, CITIC Metal Co., Ltd. (including its holding subsidiaries) plans to use part of its idle self-owned funds for cash management, with the scale of idle self-owned funds for cash management not exceeding RMB 650 million, and can be used on a rolling basis within the above limit"
datetime: "2025-02-26T13:35:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229755224.md)
  - [en](https://longbridge.com/en/news/229755224.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229755224.md)
generator: "portal-rs"
---

# CITIC Limited: CITIC Metal plans to use no more than 650 million yuan of idle self-owned funds for cash management

According to the announcement from CITIC Limited (00267), in order to further strengthen the management of surplus funds and improve the efficiency of fund utilization while ensuring the safety and liquidity of funds, CITIC Metal Co., Ltd. (including its holding subsidiaries) plans to use part of its idle self-owned funds for cash management. The scale of idle self-owned funds planned for cash management will not exceed RMB 650 million and can be used on a rolling basis within the above limit

### Related Stocks

- [601061.CN](https://longbridge.com/en/quote/601061.CN.md)
- [00267.HK](https://longbridge.com/en/quote/00267.HK.md)

## Related News & Research

- [Vale Indonesia schedules annual public expose webcast on quarterly performance and growth projects](https://longbridge.com/en/news/297146336.md)
- [Nimiq Opens Second Mini Apps Competition After Strong Debut](https://longbridge.com/en/news/297184111.md)
- [Peruvian Metals Provides Progress Update on Mercedes Au-Ag Property with Assay Results from the Newly Sampled Kelly Vein | DUVNF Stock News](https://longbridge.com/en/news/296792853.md)
- [RCS - Vivo Energy Limited - Notice of Meeting – 2026 Interim Results](https://longbridge.com/en/news/297161642.md)
- [Alibaba’s QwenWork adds Qwen3.8-Flash with a new Standard mode](https://longbridge.com/en/news/297135139.md)

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