Shang Hai Zheng Quan Bao·2025-07-31 19:12Core Viewpoint - The company plans to use up to 2 billion RMB of idle self-owned funds for entrusted wealth management, focusing on high safety, good liquidity, and low-risk financial products [2][3][12]. Group 1: Overview of Entrusted Wealth Management - The purpose of entrusted wealth management is to improve the efficiency of the company's idle funds while ensuring normal operations, thereby increasing returns for the company and its shareholders [3]. - The company intends to use no more than 2 billion RMB of temporarily idle self-owned funds for entrusted wealth management, with the funds being able to circulate within this limit [4]. - The source of the entrusted wealth management funds will be the company's idle self-owned funds [5]. - The management team is authorized to handle the purchase of financial products, including selecting qualified financial institutions and products, determining purchase amounts, and signing contracts [6]. - The authorized usage period for this entrusted wealth management is valid for 12 months from the date of board approval, allowing for the funds to be reused within this limit [7]. Group 2: Approval Process - The entrusted wealth management matter has been approved by the company's fourth board meeting and the thirty-second supervisory meeting, and does not require shareholder approval [8][20]. Group 3: Risk Analysis and Control Measures - The company will conduct strict evaluations of investment products, focusing on low-risk options, while acknowledging potential market volatility [10]. - Measures to mitigate investment risks include adhering to prudent investment principles, establishing an investment ledger, and conducting regular supervision and audits [10]. Group 4: Impact on the Company - The investment in high-safety, liquid, low-risk financial products will not affect the company's normal operations or main business activities, and aims to enhance fund efficiency and shareholder returns [12][20].