Menovo(SH:603538) Zheng Quan Zhi Xing·2025-05-19 10:01Group 1 - The company aims to improve the efficiency of idle fundraising through cash management, which will not affect the development of its main business [2][3] - The total amount used for cash management is 100 million yuan [2] - The funds come from the proceeds of a public offering of convertible bonds, totaling approximately 512.7 million yuan, which were fully received by January 20, 2021 [2] Group 2 - The company has purchased fixed-rate large-denomination time deposits from China Merchants Bank, which are considered low-risk investment products [6][7] - The cash management will not impact the implementation progress of fundraising projects [3][6] - The company has received approval from its shareholders for the cash management plan, ensuring compliance with internal control requirements [6][8] Group 3 - The company has made several purchases of large-denomination time deposits, including 10 million yuan in various tranches, with expected annualized returns ranging from 2.15% to 3.30% [4][5] - The cash management strategy is designed to enhance the returns on idle funds without compromising the interests of shareholders, particularly minority shareholders [8] - The company will report the purchased financial products as "trading financial assets" on its balance sheet, with the income recognized as investment income [8]