WXSJ(SH:603185) Zheng Quan Zhi Xing·2025-07-04 16:22Core Points - The company has approved the use of idle raised funds for cash management, specifically investing in high-security, liquid, and capital-protected financial products, with a total amount not exceeding RMB 38 million [1][4] - The company has recently redeemed a structured deposit from Huaxia Bank, recovering the principal of RMB 21 million and earning a return of RMB 114,953.41 [2][3] - The cash management aims to enhance fund utilization efficiency and safeguard shareholder interests without affecting ongoing investment projects [2][5] Cash Management Overview - Cash management amount for this transaction is RMB 21 million [2][4] - The funds used for cash management are temporarily idle funds raised from the company's 2020 convertible bond issuance, which raised a net amount of approximately RMB 654.54 million [3][5] - The structured deposit has a maturity date of September 30, 2025, with expected annualized returns ranging from 1.00% to 2.10% [4][5] Financial Impact - As of March 31, 2025, the company's total assets were approximately RMB 2,922.28 million, with total liabilities of RMB 1,733.86 million and net assets attributable to shareholders of RMB 1,188.42 million [5][6] - The cash management amount represents 0.40% of the company's cash holdings at the end of the last reporting period [5][6] - The company has utilized a total of RMB 36.8 million in cash management over the past twelve months, with a maximum single-day investment of RMB 13.7 million [8]