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
