Mankun(SZ:301132) Zheng Quan Zhi Xing·2025-08-14 16:39Core Viewpoint - The company plans to utilize up to RMB 300 million of idle raised funds and its own funds for cash management, focusing on high-security and liquid investment products with a maximum investment period of 12 months [1][2][4]. Fundraising Overview - The company has completed its initial public offering (IPO) with a total fundraising amount of RMB 988.12 million, netting RMB 874.44 million after deducting issuance costs [2][3]. - The funds are allocated to specific projects, including the Ji'an High-Precision Printed Circuit Board Production Base, with a planned investment of RMB 100.22 million [3][4]. Cash Management Details - The cash management initiative aims to enhance fund utilization efficiency and increase company returns without affecting ongoing projects or normal operations [4][5]. - The company will use up to RMB 300 million of idle raised funds and an additional RMB 300 million of its own funds for this purpose [5][6]. Investment Strategy - The investment products will be selected based on high safety and stability, avoiding high-risk investments such as securities and derivatives [5][6]. - The cash management period is valid for 12 months from the board's approval date, allowing for rolling use of funds within the specified limits [5][6]. Approval Process - The board and supervisory committee approved the cash management proposal on August 14, 2025, confirming that it does not alter the intended use of raised funds or impact normal operations [7][8]. - The sponsor institution has also reviewed and agreed with the company's cash management plan, affirming compliance with relevant regulations [8][9].