---
title: "LMC: Plans to use no more than 55 million yuan of idle self-owned funds for securities investment"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/230783217.md"
description: "LMC announced that the company plans to use no more than RMB 55 million of idle self-owned funds for securities investment, with the investment scope including new share placements, subscriptions, securities repurchases, investments in stocks and depositary receipts, and bond investments. The investment period is valid for 12 months from the date of approval by the board of directors, and the funds can be used on a rolling basis"
datetime: "2025-03-06T07:49:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/230783217.md)
  - [en](https://longbridge.com/en/news/230783217.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/230783217.md)
generator: "portal-rs"
---

# LMC: Plans to use no more than 55 million yuan of idle self-owned funds for securities investment

LMC announced that the company plans to use no more than RMB 55 million of its idle self-owned funds for securities investment, with the investment scope including new share placements, subscriptions, securities repurchases, investments in stocks and depositary receipts, and bond investments. The investment period is valid for 12 months from the date of approval by the board of directors, and the funds can be used on a rolling basis

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