CDGAS(SH:603053) Zheng Quan Zhi Xing·2025-06-23 16:20Core Viewpoint - Chengdu Gas Group Co., Ltd. has approved the use of temporarily idle raised funds for cash management, specifically for structured deposits, ensuring that it does not affect the construction of investment projects and the use of raised funds [1][3]. Group 1: Fund Management - The company will use a maximum of RMB 420 million (including principal) of temporarily idle raised funds for cash management, investing in high-security, good liquidity, and principal-protected products [1]. - The investment period for the funds is valid for 12 months from the date of the board's approval, with the management authorized to make decisions within this limit [1][3]. Group 2: Previous and Current Investments - Previously, the company renewed structured deposits amounting to RMB 390 million, with expected returns ranging from 1.05% to 2.30% [3]. - Currently, the company has signed an agreement with Chengdu Bank to invest RMB 370 million in structured deposits [3][4]. Group 3: Impact on Operations - The use of idle funds for cash management will not affect the normal operation of the company's daily funds or the normal operation of fundraising projects, and it aims to generate additional investment returns for the company and its shareholders [3][4]. Group 4: Risk Control Measures - The company will invest in structured deposits that are high in security and liquidity, with principal protection agreements in place [4]. - The company will maintain close contact with Chengdu Bank to monitor the progress of the investments and strengthen risk control [4]. Group 5: Current Fund Status - As of the date of the announcement, the company has an outstanding balance of RMB 370 million in structured deposits from the use of temporarily idle raised funds [4].