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Jiangsu Shemar Electric (603530.SH): The first phase of the "Production and Expansion Project for Sealing Components of Transmission and Transformation Equipment" is planned to be completed.
Gelonghui, April 30丨Jiangsu Shemar Electric (603530.SH) announced that as of April 30, 2025, the first phase of the production renovation and expansion project for sealing parts of power transmission and transformation equipment has been implemented as planned, reached the designated usable state, and met the completion conditions. The company intends to complete the above project, while the second phase of the subproject continues to be implemented. To more rationally use the raised funds and improve the efficiency of fund use, the company intends to allocate the surplus raised funds of 20.5387 million yuan (including net interest income and financial management gains after deducting bank fees) from the first phase of the "production renovation and expansion project for sealing parts of power transmission and transformation equipment".
Shenma Electric: Shenma Electric Power Report for the First Quarter of 2025
Shenma Electric Power Report for the First Quarter of 2025
Jiangsu Shemar Electric (603530.SH): plans to use no more than 0.15 billion yuan of idle funds from a private placement of A-shares for cash management.
Gelonghui, April 11丨Jiangsu Shemar Electric (603530.SH) announced that the company plans to use no more than 0.15 billion yuan of idle funds raised from the private placement of A-shares for cash management. This amount is valid for 12 months from the date of approval by the company's Board of Directors, and the company may use it on a rolling basis within the usage period and limit.
Jiangsu Shemar ElectricLtd (SHSE:603530) Has A Pretty Healthy Balance Sheet
Shenma Electric Power: Shenma Electric Power 2024 Annual Report