Autobio(SH:603658) Shang Hai Zheng Quan Bao·2025-05-26 19:09Core Viewpoint - The company has established a dedicated settlement account for cash management of temporarily idle raised funds, ensuring compliance with regulations and enhancing the efficiency of fund utilization [2][3][4]. Group 1: Cash Management Plan - The company plans to use up to 170 million yuan from publicly issued convertible bonds and up to 1.7 billion yuan from non-publicly issued stock for cash management, focusing on safe and liquid financial products [2]. - The cash management will involve purchasing structured deposits, large certificates of deposit, treasury reverse repos, and other high-security, principal-protected products, with a holding period not exceeding 12 months [2][3]. Group 2: Account Establishment - A specialized settlement account for cash management has been opened at Zhengzhou Bank, specifically for the temporarily idle funds from the company's 2020 non-public stock issuance [3]. - The account will only be used for cash management of the raised funds and will not hold non-raised funds or serve other purposes [3]. Group 3: Risk Control Measures - The company will adhere to relevant regulations and guidelines in managing cash, including the Shanghai Stock Exchange rules and company bylaws [4]. - There will be a monitoring system in place to assess potential risks associated with investment products, with independent oversight from the board and audit committee [4]. Group 4: Impact on the Company - The cash management of idle funds will not affect the normal operation of fundraising projects or the company's main business, ensuring that shareholder interests are protected [4]. - This strategy is expected to improve the efficiency of fund utilization and increase returns on cash assets for the company and its shareholders [4].