EFORT(SH:688165) Shang Hai Zheng Quan Bao·2025-06-30 19:45Group 1 - The core viewpoint of the announcement is that the company plans to use temporarily idle raised funds for cash management, ensuring it does not affect the normal operation of the company or the progress of new projects [2][19]. - The third session of the Supervisory Board's 26th meeting was held on June 30, 2025, with all five supervisors present, and the meeting complied with relevant laws and regulations [2][4]. - The Supervisory Board approved the proposal to use up to RMB 210 million of temporarily idle raised funds for cash management, which is expected to enhance the efficiency of fund usage and generate investment returns [2][19]. Group 2 - The company has raised a total of RMB 828.34 million from its initial public offering, with a net amount of RMB 725.89 million after deducting issuance costs [8]. - The company has previously adjusted its fundraising project amounts due to market conditions, and the remaining funds of approximately RMB 212.29 million will be invested in a new project [9][10]. - The cash management will involve investments in high-security, liquid, and capital-preserving products, including structured deposits and time deposits [7][15].