Wondertek(SH:603189) Zheng Quan Zhi Xing·2025-08-11 16:26Investment Overview - The company plans to use up to RMB 400 million of idle raised funds for cash management to enhance the efficiency of fund utilization while ensuring the safety and compliance of the funds [2][3] - The source of funds for this cash management is from temporarily idle funds raised through a non-public offering [2] Investment Details - The investment will be in low-risk, high-security products with a maturity of no more than 12 months, including but not limited to bank wealth management products, structured deposits, and large certificates of deposit [4][5] - The investment decision will be made by the management within the approved limits, without needing further board or shareholder approval for each transaction [5] Approval Process - The proposal for cash management was approved in the fourth meeting of the fifth board and the fourth meeting of the fifth supervisory board on August 9, 2025 [5][7] - The cash management does not involve any related party transactions and does not require shareholder approval [7] Risk Management - The company acknowledges potential risks associated with market fluctuations, liquidity, and credit risks, despite the focus on low-risk investment products [6] - The company will implement measures to control investment risks, including selecting products with good liquidity and capital protection [6] Impact on Company - The cash management initiative is expected to improve the efficiency of fund utilization without affecting the normal operation of the company's main business or the progress of investment projects [6][7] - This strategy aims to generate additional investment returns for the company and its shareholders [6]