Zheng Quan Zhi Xing·2025-07-17 12:16Core Viewpoint - The company plans to utilize part of its idle raised funds for cash management to enhance fund efficiency and ensure shareholder interests are protected [1][2][6]. Fundraising Basic Situation - The company raised a total of RMB 615 million by issuing 6,150,000 convertible bonds, with a net amount of RMB 607.16 million after deducting issuance costs of RMB 7.84 million [1][2]. Investment Project Situation - Due to the actual net amount raised being lower than the initially disclosed amount, the company adjusted the investment amounts for its projects, specifically reducing the semiconductor and high-precision flat panel display mask expansion project from RMB 71.69 million to RMB 60.72 million [2][3]. Cash Management Basic Situation - The purpose of cash management is to improve the efficiency of the raised funds while ensuring normal operations and planned usage of the funds [3][4]. - The maximum amount for cash management is set at RMB 120 million within the next 12 months, focusing on high-security, liquid cash management products with a maturity of no more than 12 months [3][4][6]. Implementation and Disclosure - The board of directors has authorized the management to make investment decisions within the approved limits, and the company will adhere to relevant regulations for information disclosure [4][5][6]. Impact on Daily Operations - The planned cash management will not affect the normal operation of the company or its main business, and it aims to enhance fund efficiency and increase investment returns for shareholders [4][5][7]. Review Procedures - The board and supervisory board approved the cash management plan, ensuring compliance with relevant regulations and safeguarding shareholder interests [6][7][8].