SINOPACK(SZ:003031) Zheng Quan Zhi Xing·2025-07-08 09:13Core Viewpoint - Hebei Zhongci Electronic Technology Co., Ltd. has approved the use of up to RMB 1.83 billion of idle raised funds for cash management, specifically for purchasing safe and liquid principal-protected structured deposits issued by banks, with a maximum investment period of 12 months [1][2]. Group 1: Cash Management Approval - The company’s board approved the cash management proposal at the annual shareholders' meeting held on May 15, 2025 [1]. - The funds will be used to purchase principal-protected structured deposits with high safety and liquidity [1]. Group 2: Redemption of Financial Products - The company has successfully redeemed structured deposit products worth RMB 70 million and RMB 80 million from the Bank of China, with the interest start date being June 3, 2025 [2]. - The redeemed funds have been deposited into the special account for raised funds [2]. Group 3: Historical Cash Management Activities - Over the past twelve months, the company has engaged in cash management activities involving various structured deposit products, with specific details on amounts and investment returns provided in a table format [2][3]. - The structured deposits include various types, such as principal-protected and low-return products, with different maturity dates ranging from early 2024 to early 2025 [3][4].