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Express News | Yingliu Shares has renewed its long-term strategic supply agreement with Baker Hughes for core components of gas turbines.
Express News | Gas turbine-related stocks surged amid volatility, with Yingliu Shares approaching its daily trading limit.
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Express News | Gas turbine-related stocks rebounded sharply, with Yingliu Corporation hitting the daily trading limit.
Express News | Gas turbine concept stocks plunged sharply, with Wanzex Shares hitting the daily trading limit down.
Yingliu Shares (603308.SH): Using up to RMB 600 million of idle proceeds from fundraising to temporarily supplement the company's working capital
Gelonghui, June 8 — Yingliu Shares (603308.SH) announced that on October 30, 2025, the company held its 13th meeting of the Fifth Board of Directors and the 12th meeting of the Fifth Board of Supervisors, at which it reviewed and approved the 'Proposal on Using a Portion of Idle Proceeds from Fundraising to Temporarily Supplement Working Capital.' The company is permitted, subject to ensuring sufficient funds for ongoing fundraising investment projects, to use up to RMB 600 million of idle proceeds from fundraising to temporarily supplement its working capital. The usage period shall not exceed 12 months from the date of approval by the company’s board of directors.