Core Viewpoint - The company plans to utilize part of its idle raised funds and self-owned funds for cash management to enhance the efficiency of fund usage and maximize shareholder returns while ensuring operational needs and controlling investment risks [2][3]. Fund Management Plan - The company intends to use up to RMB 160 million of idle raised funds (RMB 40 million from the initial public offering and RMB 120 million from convertible bonds) and up to RMB 300 million of self-owned funds for cash management within a 12-month period [2][3]. - The cash management will involve structured deposit products with expected annualized returns, and the company will maintain close contact with financial institutions to monitor fund operations [3][8]. Previous Fund Management Activities - In the past twelve months, the company has utilized idle raised funds to purchase various financial products, with a total of RMB 120 million in unexpired balances, representing 75% of the authorized cash management limit [5][8]. - The company has ensured that these activities do not affect the normal operation or project construction funded by the raised funds [3][5].
宏昌科技: 关于使用部分闲置募集资金进行现金管理的进展公告