---
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

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