Zheng Quan Zhi Xing·2025-08-14 12:16Core Viewpoint - The company intends to continue using temporarily idle raised funds for cash management to enhance the efficiency and returns of these funds, ensuring that it does not affect the normal progress of investment projects or the company's main business [1][5][8] Fundraising Basic Situation - The company has issued 133,333,333 A shares at a price of 16.50 RMB per share, raising a total of approximately 2.20 billion RMB, after deducting issuance costs [1][2] - As of June 30, 2025, the company has used approximately 1.10 billion RMB of the raised funds, with an unexpired balance of 900 million RMB in time deposits [2] Fund Usage and Idle Reasons - The raised funds are allocated to several projects, including a large integrated lightweight automotive parts intelligent manufacturing project, with a total investment of approximately 2.55 billion RMB [2] - The company has temporarily idle funds due to the phased investment approach based on project progress [2] Previous Cash Management Situation - The company previously approved the use of idle funds for cash management, with a maximum limit set by the board of directors [3][4] Current Cash Management Plan - The company plans to use up to 1.10 billion RMB of idle funds for cash management, including time deposits and structured deposits, with a maximum duration of 12 months for each transaction [4][5] - The decision-making authority for cash management is delegated to the chairman or authorized agents [4][5] Impact on the Company - The continued use of idle funds for cash management is expected to improve fund efficiency and safeguard shareholder interests without affecting the investment plans or main business operations [5][7] Decision-Making Process - The board of directors and the supervisory board have approved the cash management plan, ensuring compliance with relevant regulations and company policies [6][7][8]