Group 1 - The company approved the permanent use of surplus funds from the "Gaoming Plant Phase II Expansion Project" amounting to 10.50 million yuan for daily operations [1] - As of December 31, 2024, the company has no surplus funds in use [2] - The balance of unused raised funds as of December 31, 2024, is 627.50 million yuan, including 67.50 million yuan in demand deposits and 560 million yuan in time deposits [3] Group 2 - The company extended the timeline for the "Zhongqi (Hubei) New Materials Phase I Construction Project" and "R&D Center Information Technology Construction Project" to August 31, 2024 [4] - The timeline for the "Luocheng Phase I" project was extended to September 30, 2025 [4] Group 3 - The company proposed to change the use of remaining funds from the "R&D Center and Information Technology Construction Project" to "High Purity Quartz Sand R&D Center and Information Technology Construction Project" with an amount of 43.30 million yuan [5] - The remaining funds from the "Zhongqi (Hubei) New Materials Phase I and II Construction Projects" will be redirected to a new project for producing 10,000 tons of semiconductor-grade and photovoltaic crucibles, amounting to 239.44 million yuan [5] Group 4 - The company used idle raised funds to purchase financial products, exceeding the authorized limit of 500 million yuan, with a maximum amount of 570 million yuan during the period from May 9, 2024, to April 23, 2025 [7] - The company has taken measures to ensure compliance with fund management regulations and prevent similar occurrences in the future [7][8] Group 5 - The company has disclosed all relevant information in a timely and accurate manner, and all used raised funds have been directed to the promised investment projects without significant violations [8] Group 6 - The company plans to use up to 600 million yuan of idle raised funds and 300 million yuan of self-owned funds for cash management, totaling 900 million yuan [66] - The cash management will focus on high-security, high-liquidity products with a maximum investment period of 12 months [72]
广东中旗新材料股份有限公司