Group 1 - The semiconductor leading ETF, 工银 (159665), opened down 1.00% at 1.980 yuan [1] - Major holdings in the ETF include 中芯国际 down 1.89%, 海光信息 down 1.54%, and several others with varying declines, while 拓荆科技 saw a slight increase of 0.02% [1] - The ETF's performance benchmark is the 国证半导体芯片指数, managed by 工银瑞信基金管理有限公司, with a return of 100.14% since its inception on December 22, 2022, and a 1.67% return over the past month [1]

Group 1 - The core viewpoint of the article highlights the performance of the Chip ETF (159995), which opened down by 0.88% at 1.910 yuan on February 11 [1] - Major holdings in the Chip ETF include companies such as SMIC, which fell by 1.89%, Haiguang Information down by 1.54%, and Cambrian down by 1.09% [1] - The ETF's performance benchmark is the National Securities Semiconductor Chip Index return rate, managed by Huaxia Fund Management Co., with a return of 92.76% since its inception on January 20, 2020, and a 1.42% return over the past month [1]

Group 1 - The core viewpoint of the article highlights the performance of the Chip ETF Huatai Fu (516920), which opened down by 0.96% at 1.132 yuan on February 11 [1] - The major holdings of the Chip ETF experienced declines, with notable drops including Cambricon down 1.09%, SMIC down 1.89%, and GigaDevice down 1.69% [1] - The performance benchmark for the Chip ETF is the CSI Chip Industry Index return, with a total return of 14.40% since its establishment on July 27, 2021, and a one-month return of 0.56% [1]

Group 1 - The core point of the article highlights the performance of the Chip ETF Dongcai (159599), which opened with a slight decline of 0.35% at 2.269 yuan [1] - The major holdings of the Chip ETF Dongcai include companies such as Cambrian, SMIC, and Haiguang Information, all of which experienced declines in their stock prices, with SMIC down by 1.89% and Cambrian down by 1.09% [1] - The performance benchmark for the Chip ETF Dongcai is the CSI Chip Industry Index return, managed by Dongcai Fund Management Co., with a return of 127.89% since its establishment on April 19, 2024, and a monthly return of 0.62% [1]

Group 1 - The semiconductor ETF Southern (159325) opened down 0.30% at 1.641 yuan [1] - Major holdings in the semiconductor ETF showed mixed performance, with notable declines in stocks such as Cambrian (-1.09%), SMIC (-1.89%), and GigaDevice (-1.69%), while Tuojing Technology saw a slight increase of 0.02% [1] - The performance benchmark for the semiconductor ETF is the CSI Semiconductor Industry Select Index return, managed by Southern Fund Management Co., Ltd. [1] Group 2 - Since its establishment on October 31, 2024, the fund has achieved a return of 64.93%, but has experienced a decline of 0.24% over the past month [1]

Core Viewpoint - The company plans to utilize idle raised funds for cash management, specifically through high-security, liquid bank financial products and structured deposits, without affecting the progress of investment projects or normal operations [2][3]. Investment Overview - The investment purpose is to maximize shareholder value by improving the efficiency of idle raised funds while ensuring that the progress of investment projects and normal operations are not impacted [3]. - The total investment amount for cash management is RMB 150 million [3]. - The source of funds is from the temporarily idle raised funds from the non-public offering of shares in 2020 [4]. Fund Usage and Management - The company raised a total of RMB 4.324 billion from a non-public offering, with a net amount of RMB 4.284 billion after deducting underwriting fees [5]. - The raised funds were initially planned for "DRAM chip R&D and industrialization projects" and to supplement working capital, with adjustments made to include new projects [6]. Investment Methodology - The cash management will involve purchasing low-risk, short-term financial products with a maximum investment period of 12 months [2][10]. - The company has established a dedicated account for managing raised funds, ensuring compliance with regulations and protecting investor interests [6]. Recent Cash Management Situation - The cash management activities are within the authorized investment limits and timeframes, with a total of RMB 150 million allocated for cash management in the last 12 months [10]. Approval Process - The board of directors and the supervisory board approved the cash management proposal on April 24, 2025, ensuring that it does not affect the company's operational needs [2][10]. Impact on the Company - The cash management is expected to enhance the efficiency of fund utilization without significantly impacting the company's main business, financial status, or cash flow [10]. - As of September 30, 2025, the company's cash and cash equivalents amounted to RMB 10.014 billion, with the cash management amount representing 1.50% of this total [10]. Opinions from Intermediaries - The underwriting institution, China International Capital Corporation, has issued a consent opinion regarding the cash management of idle raised funds [11].

Core Viewpoint - The company announced the approval of a proposal to use idle raised funds for cash management, with a maximum amount of up to 500 million yuan, ensuring that it does not affect the progress of investment projects and normal operations [1] Group 1: Company Actions - The company will hold its fifth board meeting and the fifth supervisory board meeting on April 24, 2025, to discuss the cash management proposal [1] - The company plans to invest in safe, liquid bank wealth management products and structured deposits, with a maximum investment period of twelve months [1] Group 2: Financial Management Strategy - The company aims to utilize idle raised funds for cash management while maintaining the integrity of its investment projects and operational activities [1] - The selected financial products will have high safety and liquidity, with a focus on capital preservation [1]

Core Viewpoint - The company, Zhaoyi Innovation (03986), has announced plans to utilize idle raised funds for cash management, ensuring that it does not affect the progress of investment projects or normal operations [1] Group 1: Financial Management - The company will use a maximum of 500 million yuan of idle raised funds for cash management [1] - The funds will be invested in safe, liquid financial products and structured deposits with capital protection agreements [1] - The investment period for the financial products or structured deposits will not exceed twelve months [1]

证券代码：603986 证券简称：兆易创新 公告编号：2026-014 兆易创新科技集团股份有限公司 关于使用 A 股闲置募集资金进行现金管理的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 已履行的审议程序：兆易创新科技集团股份有限公司（以下简称"公 司"）于 2025 年 4 月 24 日召开了第五届董事会第二次会议及第五届监事会 第二次会议，审议通过了《关于使用闲置募集资金进行现金管理的议案》， 在确保不影响募集资金投资项目建设进度和公司正常生产经营的情况下，公 司（含作为募投项目实施主体的全资子公司、全资孙公司，下同）拟使用最 高额度不超过 5 亿元的闲置募集资金进行现金管理，选择适当的时机，阶段 性购买安全性高、流动性好、有保本约定的银行理财产品和结构性存款，购 买的理财产品或结构性存款期限不得超过十二个月。上述现金管理自董事会 审议通过之日起一年内有效，并授权公司管理层在有效期和额度范围内行使 决策权。公司监事会发表了明确同意意见，保荐机构对本事项出具了无异议 的核查意见。 特别风险提示：公司 ...

Market Performance - The film and television, media, and short drama game sectors saw significant gains, while cultivated diamonds, gold concepts, liquor, and photovoltaic equipment sectors declined [1] - The media sector experienced a surge with over 10 stocks hitting the daily limit up, including Duoke Culture, Zhongwen Online, and Rongxin Culture [1] Stock Performance - Notable gainers included: - Duoke Culture: +20.03% at 13.90 - Zhongwen Online: +20.01% at 42.34 - Rongxin Culture: +20.00% at 50.69 - Liujin Technology: +16.82% at 16.25 - Zhongxin Publishing: +10.93% at 34.70 [2] - Conversely, the photovoltaic equipment sector saw declines, with Guosheng Technology down over 9% and Shuangliang Energy down over 7% [3][4] Market Activity - The total trading volume in the Shanghai and Shenzhen markets was 2.11 trillion, a decrease of 143.9 billion from the previous trading day, with over 3,100 stocks declining [5] - As of the market close, the Shanghai Composite Index rose by 0.13%, the Shenzhen Component Index increased by 0.02%, while the ChiNext Index fell by 0.37% [6] Capital Flow - Main capital inflows were observed in the media, computer, and pharmaceutical sectors, while there were outflows from power equipment, non-bank financials, and retail sectors [7] - Specific stocks with significant net inflows included: - Light Media: 2.957 billion - Zhongwen Online: 2.079 billion - Sanhua Intelligent Control: 1.444 billion [7] Institutional Insights - CITIC Securities maintains an optimistic outlook on precious and non-ferrous metal prices through 2026 [8] - China Galaxy Securities views the current moment as a new starting point for the storage chip sector [8] - Huatai Securities is optimistic about the continued global market share growth of domestic engineering machinery manufacturers [8]