On November 6, Sunshine Lighting announced that as of November 5, the company had returned all the funds raised from the temporary replenishment of RMB 230 million to the special account for raised funds.
On May 7 this year, the Sunshine Lighting Shareholders' Meeting reviewed and approved the “Proposal on Temporary Replenishment of Working Capital Using Idle Raised Fundsâ€, agreeing that the company should use the fund demand for the construction of the fundraising project and the fund use plan to be carried out normally. Part of the idle raised funds temporarily supplement the company's working capital, the total amount does not exceed RMB 300 million, and the use period does not exceed six months.
On May 7 this year, the Sunshine Lighting Shareholders' Meeting reviewed and approved the “Proposal on Temporary Replenishment of Working Capital Using Idle Raised Fundsâ€, agreeing that the company should use the fund demand for the construction of the fundraising project and the fund use plan to be carried out normally. Part of the idle raised funds temporarily supplement the company's working capital, the total amount does not exceed RMB 300 million, and the use period does not exceed six months.
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