SXLY(SZ:002627) Zheng Quan Zhi Xing·2025-06-27 16:16Core Viewpoint - The company has approved the use of idle raised funds for cash management, allowing for investment in low-risk, liquid products to enhance fund efficiency and generate returns for shareholders [1][6][7] Group 1: Fundraising Overview - The company raised a total of 815.94 million yuan through a non-public offering of 170,341,873 shares at a price of 4.79 yuan per share, with net proceeds amounting to 800.97 million yuan after deducting fees [2][4] - The funds are stored in a dedicated account with a tripartite supervision agreement signed with the underwriter and the bank [2][4] Group 2: Idle Funds and Management - As of June 26, 2025, the company has identified a portion of the raised funds as temporarily idle due to the phased investment nature of the projects [5] - The company plans to use up to 700 million yuan of these idle funds for cash management, investing in safe, liquid products with a maturity of no more than 12 months [5][6] Group 3: Decision and Implementation - The board of directors has authorized the management to implement the cash management strategy within the approved limits and timeframe, which is valid for 12 months from the date of approval [5][6] - The company will ensure compliance with relevant regulations and will disclose the cash management activities as required [5][6] Group 4: Impact and Opinions - Utilizing idle funds for cash management is expected to improve fund efficiency and yield returns for shareholders, aligning with the interests of the company and its stakeholders [6][7] - The supervisory board and the underwriter have both expressed support for the decision, confirming that it adheres to regulatory requirements and does not harm shareholder interests [6][7]