MENGTIAN(SH:603216) Shang Hai Zheng Quan Bao·2025-04-24 23:49Core Viewpoint - The company is utilizing idle raised funds for cash management by investing in principal-protected floating income products, aiming to enhance returns while ensuring that it does not affect the normal operations and investment projects of the company [2][4][11]. Group 1: Cash Management Details - The company has approved the use of up to 43,000.00 million RMB of idle raised funds for cash management, with a rolling usage period of 12 months from the board's approval date [2][9]. - The company redeemed principal of 42,400 million RMB from previously purchased floating income products, yielding a profit of 1,589,128.78 RMB [3][4]. - The cash management is primarily aimed at purchasing principal-protected floating income products amounting to 40,900.00 million RMB [5][10]. Group 2: Financial Background - The total raised funds amounted to 93,336.96 million RMB, with a net amount of 84,163.14 million RMB after deducting issuance costs [7]. - The cash management investment of 40,900.00 million RMB represents 92.38% of the company's cash balance as of September 30, 2024, which was 442,755,118.57 RMB [11]. Group 3: Risk Control Measures - The company has established internal controls to manage risks associated with cash management, including selecting reputable financial institutions and maintaining oversight by independent directors and the supervisory board [8][10]. - The company will regularly report investment status to the board and take necessary actions if adverse factors are identified [10][11].