Zheng Quan Zhi Xing·2025-06-18 10:33Core Viewpoint - The company plans to utilize part of the temporarily idle funds raised from the issuance of convertible bonds for cash management to enhance fund efficiency and generate additional returns for the company and its shareholders [1][2][5]. Fundraising Overview - The company issued a total of 4 million convertible bonds at a face value of RMB 100 each, raising a total of RMB 400 million, with a net amount of RMB 393,434,905.67 after deducting issuance costs [1]. Cash Management Plan - Investment Purpose: The aim is to improve the efficiency of the raised funds while ensuring that the cash management does not affect the construction and use of the fundraising projects or the company's daily operations [2]. - Investment Products: The company will invest in low-risk, capital-preserving, and liquid products such as structured deposits, notice deposits, time deposits, large certificates of deposit, and income certificates [2]. - Investment Limit and Duration: The maximum amount for cash management will not exceed RMB 70 million, with a usage period of up to 12 months from the board's approval [2]. - Implementation Method: The board has authorized the chairman to make investment decisions within the approved limits and duration [2]. Information Disclosure - The company will comply with relevant regulations and timely disclose information regarding the cash management activities [3]. Cash Management Returns - The income generated from cash management will be used to supplement any shortfall in project investments and for the company's operational liquidity needs [3][4]. Impact on Daily Operations - The cash management plan will not disrupt the normal operations or the implementation of fundraising projects, nor will it harm the interests of the company and its shareholders, particularly minority shareholders [4][5]. Review Procedures and Opinions - The board and supervisory board have approved the cash management plan, confirming compliance with relevant regulations and ensuring that it will not alter the intended use of the raised funds [5][6].