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FinTech Chain Boosts Cash Reserves and Secures Key Contracts Amid Legal Challenges

12:36pm on Friday 31st of January, 2025 AEDT Fintech
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FinTech Chain Boosts Cash Reserves and Secures Key Contracts Amid Legal Challenges

12:36pm on Friday 31st of January, 2025 AEDT
Key Points
  • Cash balances rose from RMB 2.8m to RMB 13.0m in Q3 2024
  • Net operating cash inflow of RMB 9.8m recorded for the quarter
  • New contracts secured with Inner Mongolia Post and regional banks
  • Ongoing legal proceedings with initial compensation received
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