LX Technology Group Limited (HK:2436) has released an update.
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LX Technology Group Limited has announced changes to the timeline and allocation of funds from its global offering, with a significant portion now directed towards the procurement of decommissioned IT devices to enhance their device recycling business. The company has revised its spending strategy and removed certain restrictions on the use of these funds, aiming for complete utilization by March 31, 2025. These strategic adjustments are designed to better align with the company’s business objectives and customer experience improvements.
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