JUMPCAN(600566) 上海证券报· Shang Hai Zheng Quan Bao·2025-05-12 20:12Core Viewpoint - The company has established a special settlement account for cash management of idle raised funds, allowing for the investment of up to 580 million RMB in low-risk, liquid financial products to enhance fund utilization efficiency [2][6]. Group 1: Cash Management Account Establishment - The company has opened a special settlement account for cash management of idle raised funds, which will only be used for this purpose and will not store non-raised funds [3]. - The cash management aims to improve the efficiency of idle raised funds while ensuring the normal implementation of investment projects [6]. Group 2: Previous Cash Management Activities - The company previously utilized 100 million RMB to purchase financial products from Hangzhou Bank and Huaxia Bank, redeeming a total of 260 million RMB with annualized returns of 2.50% and 2.69% respectively [4]. Group 3: Current Cash Management Details - The current cash management involves an amount of 240 million RMB invested in a structured deposit product from Bohai Bank, with a management period from May 12, 2025, to November 11, 2025 [5][7]. Group 4: Approval and Oversight - The cash management proposal was approved in meetings held on October 25, 2024, by both the board of directors and the supervisory board, with consent from the supervisory institution [2][8]. - The company has established strict internal controls and oversight mechanisms to ensure compliance with regulations and effective risk management [8]. Group 5: Financial Impact - As of March 31, 2025, the company's debt-to-asset ratio stands at 17.27%, indicating a stable financial position while engaging in cash management activities [8]. - The principal from cash management will be recorded as "trading financial assets" on the balance sheet, with returns reflected in the profit statement as "investment income" [8].