Workflow
无锡新宏泰电器科技股份有限公司

Core Viewpoint - The company has approved the use of idle funds for cash management, with a maximum limit of 300 million RMB, to enhance fund efficiency and provide returns to shareholders [14][22]. Group 1: Company Overview - The company is named Wuxi Xinhongtai Electric Technology Co., Ltd. and is listed under the stock code 603016 [3]. - The company held its sixth board meeting and seventh supervisory meeting on August 15, 2025, to discuss and approve the half-year report [10][4]. Group 2: Financial Data - The company has not disclosed specific financial data in the provided documents, but it emphasizes the importance of reviewing the full half-year report for comprehensive financial insights [1]. Group 3: Important Matters - The company has not reported any significant changes in its operational status or any major events that could impact its business during the reporting period [2]. Group 4: Cash Management Proposal - The board has approved a proposal to use idle self-owned funds for cash management, ensuring that the funds will be used for low-risk, high-liquidity investment products [14][19]. - The investment period for these funds is set for 12 months from the date of board approval, with the possibility of rolling over the funds within the approved limit [22][21]. - The company will ensure that the cash management does not affect its normal operations and will maintain a focus on safety and liquidity in its investment choices [25][24].