CDL(SZ:300686) Zheng Quan Zhi Xing·2025-07-17 12:16Core Viewpoint - The company plans to utilize idle funds for cash management, increasing the limit to a maximum of RMB 600 million, aiming to enhance the efficiency of fund usage and generate investment returns for shareholders [1][2]. Investment Overview - The company and its wholly-owned subsidiaries will use idle self-owned funds not exceeding RMB 400 million for cash management, with a total limit of RMB 600 million [1][2]. - The investment strategy focuses on low-risk financial products to ensure safety and liquidity while meeting operational funding needs [1]. Approval Process - The board of directors and the supervisory board approved the cash management proposal in meetings held on April 18, 2025, and July 17, 2025, respectively [2]. - The proposal will be submitted for review at the company's second extraordinary general meeting of shareholders in 2025 [2]. Risk Analysis and Control Measures - The company identifies several risks including market risk, liquidity risk, credit risk, operational risk, and force majeure risk [3][4]. - To mitigate these risks, the company will adhere to prudent investment principles, maintain a dedicated ledger for financial products, and allow board oversight of fund usage [4]. Impact on Operations - The cash management initiative will not affect the company's normal operations or cash flow, aiming to improve the efficiency of self-owned funds and generate investment returns for shareholders [4][5]. - The company will comply with accounting standards for financial reporting, with results subject to annual audits [4]. Supervisory Board Opinion - The supervisory board supports the cash management proposal, stating it will enhance fund usage efficiency and will not harm the interests of the company or its shareholders [5].