Puya semiconductor(SH:688766) Zheng Quan Zhi Xing·2025-08-21 16:47Core Viewpoint - The company plans to use up to 280 million RMB of temporarily idle raised funds for cash management, ensuring that it does not affect the safety of the raised funds or the progress of investment projects [1][9]. Summary by Sections 1. Basic Situation of Raised Funds - The company was approved to publicly issue 9,057,180 shares at a price of 148.90 RMB per share, raising a total of 1,348.6141 million RMB, with a net amount of 1,245.5454 million RMB after deducting issuance costs [1][2]. 2. Investment Projects of Raised Funds - The company plans to use 282.6283 million RMB of over-raised funds for the development and industrialization of derivative chips based on storage chips [2][3]. 3. Cash Management of Temporarily Idle Raised Funds - The company intends to use up to 280 million RMB of temporarily idle raised funds for cash management, with a maximum daily balance of 280 million RMB and a usage period not exceeding 12 months from September 1, 2025, to August 31, 2026 [7][8]. 4. Investment Products - The cash management products will be high-security, liquid, and principal-protected, including structured deposits, agreement deposits, and time deposits, and will not be used for pledging or securities investment [8][9]. 5. Impact on Daily Operations - The planned cash management will not affect the progress of investment projects or the normal operation of the company's main business, while also potentially increasing overall performance and returns for shareholders [9][10]. 6. Opinions from Supervisory Board and Sponsor - The supervisory board agrees that the cash management decision complies with regulations and will not harm the interests of shareholders, particularly minority shareholders [10][11]. The sponsor, CITIC Securities, also confirms that the cash management does not change the purpose of the raised funds and has followed necessary procedures [11].