Guosen Securities(SZ:002736) Zheng Quan Zhi Xing·2025-07-07 11:18Core Viewpoint - The company intends to continue using part of its idle raised funds (including oversubscribed funds) for cash management to enhance fund utilization efficiency while ensuring that the investment projects remain unaffected [1][7]. Fundraising Basic Situation - The company has raised a total of RMB 91.5 million by issuing 23 million shares at RMB 39.78 per share, with a par value of RMB 1.00 per share [1][2]. Fund Usage and Idle Situation - As of June 30, 2025, the company has utilized RMB 65.525 million of the raised funds for its information technology construction project, leaving a portion temporarily idle due to the project’s construction cycle [2][3]. Previous Use of Idle Funds - In a previous meeting, the company approved the use of up to RMB 600 million of idle funds for cash management, which can be rolled over within 12 months [3][4]. Current Cash Management Plan - The company plans to use up to RMB 200 million of idle funds for cash management, with a maximum investment period of 12 months, ensuring that the investment does not affect the ongoing projects [4][5]. Investment Products - The company will invest in low-risk, high-liquidity products such as structured deposits, time deposits, and large certificates of deposit, with strict risk control measures in place [5][6]. Impact on Daily Operations - The cash management strategy is designed to enhance fund efficiency without impacting the company's normal operations or project funding needs, ultimately aiming to improve overall performance and shareholder returns [6][7]. Sponsor's Verification Opinion - The sponsor has confirmed that the company's decision to use idle funds for cash management complies with relevant regulations and does not harm the interests of the company or its shareholders [7].