Core Viewpoint - Jiangshun Technology Group has approved the use of idle raised funds and self-owned funds for cash management, ensuring that it does not affect the construction of investment projects or the normal operation of the company [2][5]. Group 1: Cash Management Approval - The company has agreed to use up to RMB 160 million of idle raised funds for cash management, focusing on low-risk, high-liquidity principal-protected financial products [2][3]. - The cash management period is set for 12 months from the date of board approval, with the possibility of rolling over the amount within the approved limit [2][3]. Group 2: Investment Details - Jiangshun Technology and its subsidiary have recently purchased bank financial products using idle funds, with specific details on the products and expected annualized returns [3][4]. - The company has invested in various financial products, including principal-protected and structured deposits, with expected annualized returns ranging from 1.00% to 2.10% [4][6]. Group 3: Financial Management Impact - The use of idle funds for cash management is designed to enhance the efficiency of fund utilization and generate investment returns for shareholders, without altering the intended use of raised funds [5][6]. - As of the announcement date, the company has RMB 110 million of idle raised funds and RMB 30 million of idle self-owned funds still outstanding, remaining within the authorized limits for cash management [6].
江顺科技: 关于使用部分闲置募集资金和自有资金进行现金管理的进展公告