Zheng Quan Zhi Xing·2025-08-15 04:08Core Viewpoint - The company intends to utilize temporarily idle raised funds for cash management to enhance fund efficiency and shareholder returns while ensuring that it does not affect the ongoing investment projects [3][6][8]. Fundraising Basic Situation - The company raised a total of RMB 411,999,905.24 through a non-public issuance of 22,562,974 shares, with a net amount of RMB 404,971,004.16 after deducting issuance costs [2][3]. Fund Usage and Balance - As of June 30, 2025, the company has utilized RMB 271,989,253.88 of the raised funds, leaving a balance of RMB 147,492,631.94, which includes RMB 132,981,750.28 in raised funds and RMB 14,510,881.66 from bank interest and cash management returns [2][3]. Cash Management Plan - The company plans to use up to RMB 147 million of temporarily idle raised funds for cash management within 12 months, with the funds to be returned to the designated account upon maturity [4][5]. Investment Product Requirements - The investment products must have a maturity of no more than 12 months, high safety, good liquidity, and must not affect the normal operation of the fundraising investment plan [5][6]. Impact on Daily Operations - The use of temporarily idle funds for cash management will not affect the company's main business operations or the implementation of investment projects, aiming to improve fund efficiency and generate additional returns [6][8]. Approval Procedures - The independent directors, board of directors, and supervisory board have all approved the proposal for cash management, confirming compliance with relevant regulations and ensuring no harm to shareholder interests [6][7][8]. Sponsor's Opinion - The sponsor, CITIC Securities, has no objections to the company's plan to use temporarily idle funds for cash management, affirming that it complies with regulations and does not change the purpose of the raised funds [9].