Zheng Quan Zhi Xing·2025-08-06 11:38Core Viewpoint - The company intends to continue using idle raised funds for cash management, ensuring that it does not affect the normal operation of its fundraising projects and aims to enhance the efficiency of fund utilization [3][8]. Fundraising Basic Situation - The total amount of funds raised by the company is RMB 368,523.90 million, with a net amount of RMB 348,125.85 million after deducting issuance costs [2]. Fund Usage Situation - As of June 30, 2025, the company has disclosed its fundraising project and usage situation in a special report on the Shanghai Stock Exchange [2]. Previous Cash Management - The company previously approved the use of up to RMB 200 million of idle funds for cash management, focusing on high-security, liquid investment products with capital protection agreements [3]. Current Cash Management Plan - The company plans to use up to RMB 100 million of idle funds for cash management, with a validity period of 12 months from the board's approval date [4][5]. Investment Products - The company will invest in safe, liquid, and capital-protected financial products, including but not limited to guaranteed financial products, structured deposits, and time deposits [5]. Decision Validity - The decision is valid for 12 months from the board's approval date, allowing for rolling use within the specified limit [5]. Implementation Method - The board authorizes the chairman or designated personnel to make investment decisions and sign relevant contracts, with the finance department responsible for implementation [5]. Information Disclosure - The company will disclose cash management details in accordance with relevant regulations and will not change the purpose of the raised funds [5]. Cash Management Returns - Returns from cash management will be prioritized for supplementing investment project funding and daily operational liquidity needs [6]. Impact on Daily Operations - The planned use of idle funds for cash management will not affect the company's normal cash flow or the operation of fundraising projects [6]. Risk Control Measures - The company will select high-security, liquid investment products and will not use these funds for stock investments or pledging [6]. Review Process and Opinions - The board and audit committee have approved the cash management plan, confirming compliance with relevant regulations and ensuring no adverse effects on the company's operations [7][8].