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Bawi Co., Ltd.: Announcement on Canceling the Special Account for Raised Funds
Securities Daily Network News: On March 24, Bawi Co., Ltd. announced that the raised funds stored in the special account for the “R&D Center Construction Project” opened at the Guangzhou Branch of China Construction Bank have been fully utilized. To facilitate management, the company has transferred the account balance of 131.31 yuan to the company’s basic account to supplement daily operational liquidity and has completed the cancellation procedure for the special account for the raised funds.
(Editor: Cong Kexin)