FLARIANT(SH:605566) Zheng Quan Zhi Xing·2025-07-31 16:15Core Viewpoint - The company is utilizing part of its idle raised funds for cash management to enhance fund efficiency and generate financial returns for the company and its shareholders [1][10]. Cash Management Overview - Purpose: To improve fund utilization efficiency and generate financial returns for the company and shareholders [1]. - Amount: The investment amount is RMB 55 million [1]. - Source of Funds: The company has raised a total of RMB 1,073.88 million from issuing 33.34 million shares at a price of RMB 32.21 per share, with a net amount of RMB 974.05 million after deducting issuance costs [1]. Investment Details - Investment Type: The company is investing in large-denomination time deposits [3][4]. - Investment Amount: RMB 55 million [3]. - Approval Process: The investment was approved during the board meeting on April 25, 2025, and the annual shareholders' meeting on May 21, 2025, allowing for a maximum of RMB 860 million in idle funds for cash management [5]. Risk Analysis and Control Measures - Risk Analysis: The products are characterized as high safety and liquidity, but market fluctuations may still impact investments [6]. - Control Measures: The company will monitor investment conditions and may engage professional institutions for audits if necessary [6]. Previous Fund Usage - The company has successfully redeemed previous cash management products, indicating effective fund management practices [6]. Impact on the Company - The use of idle funds for cash management will not affect the normal operation of fundraising projects or the company's main business activities [9]. Sponsor's Opinion - The sponsor has confirmed that the cash management initiative complies with relevant laws and regulations, ensuring that it does not alter the intended use of raised funds [10].