Core Viewpoint - The company has approved the use of up to RMB 150 million of idle raised funds for cash management, ensuring that it does not affect the progress of investment projects and effectively controls risks [1][2]. Group 1: Cash Management Approval - The company held its 22nd meeting of the 3rd Board of Directors and the 20th meeting of the 3rd Supervisory Board on August 15, 2024, where it approved the cash management proposal [1]. - The cash management period is valid for 12 months from the date of approval, allowing for rolling use within the specified limit [1]. Group 2: Investment Products - The company plans to invest in structured deposits and other financial products, with a total subscription amount not exceeding RMB 150 million [1]. - Specific products include structured deposits from Suzhou Bank and CITIC Bank, with expected annualized returns to be determined [1][2]. Group 3: Impact on Daily Operations - The use of idle funds for cash management is based on principles of standardized operations, risk prevention, and cautious investment, ensuring that it does not affect the company's daily operations or the normal progress of investment projects [2]. - This approach aims to improve fund utilization efficiency and generate investment returns for the company and its shareholders [2]. Group 4: Previous Cash Management Activities - In the past 12 months, the company has utilized idle raised funds for cash management, with a cumulative balance of RMB 100 million, which is within the authorized cash management limit [3].
天禄科技: 关于使用部分闲置募集资金进行现金管理的进展公告