扬州金泉旅游用品股份有限公司关于使用部分暂时闲置募集资金进行现金管理的进展公告

Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency and returns while ensuring the safety and normal use of the raised funds [4][12]. Group 1: Investment Overview - The investment amount for cash management is set at 30 million yuan [5]. - The source of funds for this cash management comes from temporarily idle raised funds [5]. - The total amount raised from the initial public offering was approximately 519.92 million yuan, with a net amount of about 412.11 million yuan after deducting related expenses [6]. Group 2: Investment Purpose - The purpose of the investment is to effectively reduce the cost of idle raised funds and enhance their value preservation and appreciation capabilities, ultimately benefiting the shareholders [4]. Group 3: Investment Method - The cash management products to be purchased are principal-protected, low-risk products with a 98-day investment cycle and floating returns [8]. - The company assures that this cash management will not affect the normal construction of fundraising projects or the normal use of raised funds [8]. Group 4: Approval Process - The board of directors and the supervisory board approved the cash management proposal during meetings held on February 25, 2025 [2][9]. - The board authorized the use of up to 150 million yuan of temporarily idle raised funds for cash management, with a validity period of 12 months [9]. Group 5: Risk Analysis and Control - The cash management products are considered low-risk, but they may still face various risks, including policy, market, liquidity, and unforeseen events [10]. - The company will implement strict controls by selecting high-safety, high-liquidity products and maintaining proper accounting records for the cash management products [11].