Zheng Quan Zhi Xing·2025-08-18 12:11Core Viewpoint - The company intends to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency and increase returns for the company and its shareholders [1][4][6] Summary by Sections 1. Basic Situation of Raised Funds - The company raised a total of RMB 149,880.00 million by issuing 60 million shares at RMB 24.98 per share, with a net amount of RMB 135,810.35 million after deducting various fees [1] - The raised funds have been deposited in a special account approved by the board of directors, and a tripartite supervision agreement has been signed with the sponsor and the supervising bank [1] 2. Basic Situation of Investment Projects - The total planned investment for the projects funded by the raised funds is RMB 132,363.65 million, with an actual investment of RMB 41,233.80 million as of June 30, 2025 [2] 3. Cash Management of Idle Funds - The purpose of cash management is to improve the efficiency of raised funds and ensure that it does not affect project construction or fund safety [3] - The company plans to use up to RMB 9 billion of idle funds for cash management, with a rolling usage within a 12-month period [3] 4. Implementation and Disclosure - The board has authorized the management to make investment decisions within the approved limits and time frame, with the finance department responsible for implementation [4] - The company will comply with relevant regulations for timely information disclosure regarding cash management activities [4] 5. Impact on the Company - The cash management of idle funds is conducted in compliance with laws and regulations, ensuring no impact on project execution or the company's main business [4][6] - This approach is expected to enhance fund efficiency and increase returns for the company and its shareholders [4][6] 6. Opinions from Supervisory Bodies - The supervisory board agrees that the cash management of idle funds will not affect the normal operation of the company or the investment projects, and it aligns with the interests of all shareholders [5][6] - The sponsor has confirmed that the cash management plan has undergone necessary approval processes and complies with relevant regulations [6]