Zheng Quan Zhi Xing·2025-08-13 16:23Summary of Key Points Core Viewpoint - The company intends to utilize temporarily idle raised funds for cash management to enhance fund efficiency while ensuring that the investment projects are not affected [1][2][7]. Group 1: Fundraising and Management - The total amount raised through the issuance of convertible bonds is RMB 650 million, with a net amount of RMB 644.15 million after deducting issuance costs [1][2]. - The company plans to use up to RMB 300 million of the temporarily idle funds for cash management, with a validity period of 12 months from the board's approval [2][4]. Group 2: Investment Strategy - The company will invest in low-risk, high-liquidity financial products issued by banks and securities firms, with investment periods not exceeding 12 months [3][4]. - The cash management strategy aims to ensure the preservation and appreciation of funds while safeguarding the interests of the company and its shareholders [2][4]. Group 3: Approval and Oversight - The board and supervisory committee have approved the use of idle funds for cash management, confirming that it will not impact the ongoing investment projects or the company's normal operations [6][7]. - The company will adhere to regulatory requirements for fund management and will disclose relevant information as per the Shenzhen Stock Exchange regulations [4][6].