Fynex Textile(SH:600493) Shang Hai Zheng Quan Bao·2025-04-21 21:23Core Viewpoint - The company has announced its first quarter report for 2025, ensuring the accuracy and completeness of the financial information presented, and has approved the use of idle funds for entrusted financial management to enhance capital efficiency and returns [10][11][17]. Financial Data - The first quarter financial report for 2025 has not been audited [9]. - The company reported a debt-to-asset ratio of 32.44% as of December 31, 2024, with a cash balance of 137.07 million [25]. Shareholder Information - The company has confirmed the total number of shareholders and the status of major shareholders, ensuring compliance with relevant regulations [4]. Project Updates - The company is progressing with the investment in the Henan Anyang project, which includes the establishment of a joint venture with CITIC Environmental Technology for the construction of a dyeing demonstration park [6][7]. - The project has received necessary land use certificates, totaling 424.08 acres [6]. Entrusted Financial Management - The company plans to use up to 300 million RMB of idle funds for low-risk financial products, with a focus on fixed-income and capital-protected investments [17][20]. - The approval for this financial management strategy was granted by both the board of directors and the supervisory board [21]. Internal Control Measures - The company has established a robust internal control system for entrusted financial management, ensuring the separation of decision-making, execution, and supervision [23].