FLAC(SZ:002536) Shang Hai Zheng Quan Bao·2025-08-13 18:14Core Viewpoint - The company, Feilong Automotive Parts Co., Ltd., has approved the use of temporarily idle raised funds and self-owned funds for cash management to enhance the efficiency of fund utilization without affecting ongoing projects and normal operations [1][9]. Group 1: Cash Management Approval - The company has decided to use up to RMB 320 million (including previously used idle raised funds) and up to RMB 300 million of idle self-owned funds for cash management [1]. - The approval for cash management is valid for 12 months from the date of the board's resolution, allowing for rolling use within the specified limits [1]. Group 2: Investment Products - The company has purchased four cash management products, primarily through its subsidiaries, Zhengzhou Feilong and Wuhu Feilong [3]. Group 3: Impact on Company Operations - The cash management activities will not affect the normal operation of the company or the construction of fundraising projects, ensuring the safety of the principal of raised funds [9]. - The measures are expected to improve fund utilization efficiency and generate investment returns, ultimately benefiting the company and its shareholders [9].