HAI TIAN(SH:603288) Zheng Quan Zhi Xing·2025-04-02 15:16Investment Overview - The company aims to utilize idle funds to improve capital efficiency without affecting normal operational liquidity and fund safety [1][2] - The total investment amount will not exceed 10 billion RMB [1][3] - The source of funds for the investment will be the company's own idle funds [1] - The investment will be entrusted to publicly listed banks and securities firms or strong financial institutions, ensuring no related party relationships exist [1][2] - The investment will focus on low to medium risk financial products, including financial institution wealth management products, bond reverse repos, and interest rate bonds [1][3] - The investment period is set to be within one year from the board resolution [1] Approval Process - The investment plan has been approved by the company's sixth board of directors at its fourth meeting and does not require shareholder approval [2][3] Risk Analysis and Control Measures - The company has conducted thorough assessments of the risks and returns associated with the investment, acknowledging potential market, policy, liquidity, and force majeure risks [2][3] - A detailed management system has been established to regulate investment permissions, review processes, reporting, trustee selection, daily monitoring, and accountability to mitigate investment risks [2] Impact on the Company - The investment of idle funds will not affect the company's daily operations or the normal turnover of funds, thereby enhancing capital efficiency and benefiting the company and its shareholders [2][3] - The company will adhere to accounting standards for financial instruments as mandated by the Ministry of Finance for accounting and reporting purposes [2]