--- title: "TITAN SCIENTIFIC: Plans to use no more than 600 million yuan of idle self-owned funds for financial management" type: "News" locale: "en" url: "https://longbridge.com/en/news/232371930.md" description: "On the evening of March 19th, TITAN SCIENTIFIC announced that it plans to use idle self-owned funds not exceeding 600 million yuan for wealth management, under the premise of not affecting the normal operation and financial safety of the company and its subsidiaries, to purchase short-term financial products with high safety, good liquidity, and low risk. In addition, the company and its subsidiaries plan to use self-owned funds to conduct foreign exchange derivative trading business with a total amount not exceeding 20 million USD" datetime: "2025-03-19T08:08:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/232371930.md) - [en](https://longbridge.com/en/news/232371930.md) - [zh-HK](https://longbridge.com/zh-HK/news/232371930.md) generator: "portal-rs" --- # TITAN SCIENTIFIC: Plans to use no more than 600 million yuan of idle self-owned funds for financial management On the evening of March 19th, TITAN SCIENTIFIC announced that it plans to use idle self-owned funds not exceeding 600 million yuan for wealth management, under the premise of not affecting the normal operation and financial safety of the company and its subsidiaries, to purchase short-term financial products with high safety, good liquidity, and low risk. In addition, the company and its subsidiaries plan to use self-owned funds to conduct foreign exchange derivative trading business with a total amount not exceeding 20 million US dollars ### Related Stocks - [688133.CN](https://longbridge.com/en/quote/688133.CN.md) ## Related News & Research - [RAprime Elevates Forex Transparency with VerifyMyTrade Certification](https://longbridge.com/en/news/296141933.md) - [Turning Point USA announces Charlie Kirk memorial on university campus where he was shot](https://longbridge.com/en/news/296708182.md) - [PEN: Revenue and EBITDA surged YoY, but liquidity and restructuring challenges persist](https://longbridge.com/en/news/296436431.md) - [Empire Metals flags 8.16 billion-tonne Pitfield titanium resource in investor presentation](https://longbridge.com/en/news/296745174.md) - [12:25 ETAce Pickleball Club Media Launches Beyond The Bounce Digital Magazine and Opens Investment Opportunity to the Public](https://longbridge.com/en/news/296638710.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**