CATL(SZ:300750) Zheng Quan Zhi Xing·2025-07-30 16:36Core Viewpoint - The company has approved an increase in its entrusted wealth management plan for 2025, raising the total limit to 80 billion RMB to enhance the efficiency of idle funds and generate additional returns for shareholders [1][2][5] Summary by Sections 1. Increase in Wealth Management Quota - The company has decided to increase the entrusted wealth management quota by an additional 40 billion RMB, bringing the total for 2025 to a maximum of 80 billion RMB [1][4] - The decision was made during the board meeting held on July 30, 2025, and is aimed at optimizing the use of idle funds [4][5] 2. Necessity and Purpose of the Increase - As of June 30, 2025, the company's cash reserves amounted to 350.578 billion RMB, indicating a substantial liquidity position [1] - The increase in the wealth management quota is intended to enhance fund utilization efficiency and achieve capital preservation and appreciation through low-risk investments [2][5] 3. Investment Guidelines - The company plans to invest in low-risk financial products with a maturity of no more than 12 months, ensuring high safety and liquidity [2][3] - The funds will not be used for investments in stocks, derivatives, or securities investment funds [2] 4. Implementation and Oversight - The board has authorized the general manager or designated personnel to make investment decisions within the approved limits [3] - The monitoring of the investment process will be conducted by the finance department, with regular reports to the board [3] 5. Approval Process - The increase in the wealth management quota was approved by both the board and the supervisory committee, confirming that it aligns with the company's interests and does not affect its main business operations [4][5]