Gate.io data on December 24th, Nanjing XMC announced that the company plans to use no more than 900 million yuan of its own idle funds to invest in low-risk financial products with a term of no more than 12 months. The investment aims to improve the efficiency and returns of fund utilization, has been approved by the board of directors, and does not require approval from the shareholders’ meeting. The investment period is valid within one year from the date of approval by the board of directors, and the investment amount can be used in a revolving manner and rolled over during the validity period of the resolution. The company will strictly control risks and disclose relevant profit and loss situations in regular reports.