FW(SH:600742) Zheng Quan Zhi Xing·2025-07-24 16:11Core Viewpoint - The company is utilizing part of its temporarily idle raised funds for cash management, specifically through structured deposits and notice deposits, to enhance the efficiency of fund usage and generate returns for the company and its shareholders [1][4]. Cash Management Overview - Cash management amount: RMB 37,990 million [4] - Redemption amount of cash management products: RMB 38,100 million [1] - The company plans to use up to RMB 5.30 billion of idle raised funds for cash management within a 12-month period starting from August 28, 2024 [1][7]. Purpose of Cash Management - The objective is to improve the efficiency of raised fund usage while ensuring that it does not affect the progress of investment projects and guarantees the safety of the raised funds [4][9]. Fund Source - The funds for cash management come from the idle raised funds from a non-public offering of shares, which raised a net amount of RMB 623,111,604.20 [4][5]. Financial Indicators - Total assets as of the latest audited report: RMB 2,314,577.84 million [9] - Total liabilities: RMB 1,309,919.21 million [9] - Net assets attributable to shareholders: RMB 854,175.58 million [9] - The cash management amount represents 4.20% of the company's cash balance as of March 31, 2025 [10]. Cash Management Products - The company has invested in high-security, liquid, short-term, and capital-protected investment products [9][10]. - The cash management products include structured deposits and notice deposits with a notice period of 7 days [7][8]. Recent Cash Management Activity - In the last 12 months, the company has invested a total of RMB 218,346.70 million in cash management products, with actual recoveries amounting to RMB 173,289.66 million and total earnings of RMB 823.38 million [11].