扬州金泉旅游用品股份有限公司关于使用部分暂时闲置募集资金进行现金管理到期赎回并继续进行现金管理的公告

Core Viewpoint - The company plans to use part of its temporarily idle raised funds for cash management, specifically through structured deposits, to enhance the efficiency and returns of its capital while ensuring the safety of the funds [2][10]. Cash Management Product Redemption - On February 7, 2025, the company purchased structured deposits from Jiangsu Bank amounting to RMB 54 million, which has been redeemed recently, recovering the principal of RMB 54 million and earning a profit of RMB 310,500 [3]. Cash Management Purpose - The purpose of cash management is to effectively utilize idle raised funds to reduce costs associated with idle capital and enhance the preservation and appreciation of these funds, ultimately benefiting shareholders [3][10]. Cash Management Amount - The total amount allocated for cash management is RMB 54 million [5]. Cash Management Product Characteristics - The cash management product is categorized as a low-risk structured deposit, ensuring the safety of the principal [8]. Impact on Fundraising Projects - The use of idle raised funds for cash management does not alter the intended use of the funds and will not affect the normal progress of fundraising projects, thereby protecting shareholder interests [7][10]. Risk Control Analysis - The company will maintain a detailed account of the cash management products and ensure compliance with relevant regulations, with oversight from independent directors and the supervisory board [8]. Cash Management Trustee Information - The cash management is entrusted to Jiangsu Bank and Bank of Communications, both of which are listed financial institutions with no conflicts of interest with the company [9]. Decision-Making Process - The decision to use idle funds for cash management was approved in meetings held on February 25, 2025, by both the board of directors and the supervisory board, allowing for a maximum of RMB 150 million to be used for low-risk, high-liquidity products [12].