Core Viewpoint - Anhui Qiangbang New Materials Co., Ltd. has approved the use of up to RMB 230 million of temporarily idle raised funds for cash management, ensuring it does not affect the construction of investment projects or normal operations [1] Group 1: Fund Management - The company will use the idle funds for cash management for a period of 12 months from the date of approval [1] - The funds can be used in a rolling manner within the approved limit and timeframe [1] - The company has previously redeemed some financial products purchased with idle funds and will continue to invest in financial products [1] Group 2: Financial Products - The company has invested in structured deposit products with various banks, including: - China Bank's structured deposit product with an expected annualized return of 2.18% [4] - China Merchants Bank's structured deposit product with an expected annualized return of 1.95% [4] - The company has a range of financial products with varying returns, including some with returns as low as 0.2% [5] Group 3: Operational Impact - The use of idle funds for cash management is expected to enhance the efficiency of fund utilization and generate investment returns for the company and its shareholders [2] - The company emphasizes that this strategy will not impact the normal operation of the company or the progress of investment projects [2]
强邦新材: 关于使用部分闲置募集资金购买理财产品的进展公告