森林包装: 森林包装集团股份有限公司关于使用部分闲置募集资金进行现金管理到期收回并继续进行现金管理进展的公告

Core Points - The company has successfully recovered its investment of RMB 30 million from a structured deposit product with China Everbright Bank, along with an interest income of RMB 168,800 [2][3] - The company continues to invest idle raised funds into a structured deposit product with Industrial Bank, amounting to RMB 30 million, to enhance the efficiency of fund utilization and increase interest income [2][5] - The board of directors and supervisory board have approved the use of idle raised funds for cash management, ensuring compliance with relevant regulations and safeguarding shareholder interests [5][10] Cash Management Recovery - The full subsidiary, Taizhou Forest Paper Co., Ltd., invested RMB 30 million in a structured deposit product with China Everbright Bank on April 8, 2025, and successfully recovered the principal on July 8, 2025 [2][3] - The total interest income from this investment was RMB 168,800, which has been returned to the raised funds account [2][3] Ongoing Cash Management - The company aims to improve the efficiency of raised funds and increase interest income while ensuring the safety of funds and meeting project funding needs [2][5] - The ongoing cash management investment with Industrial Bank is also for RMB 30 million, with a focus on low-risk, high-liquidity financial products [3][5] Investment Decision Process - The board of directors held meetings on October 17, 2024, to approve the cash management proposal, with no objections from the sponsor, Everbright Securities [5][10] - The cash management activities are valid for 12 months from the board's approval date and can be rolled over within the approved limits [5][10] Financial Overview - As of March 31, 2025, the company's cash and cash equivalents amounted to approximately RMB 184.48 million, with the cash management investment representing 16.26% of this amount [8][9] - The company has a total cash management limit of RMB 170 million, with RMB 30 million currently utilized and RMB 140 million remaining available [10]