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福立旺精密机电(中国)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公告

Core Viewpoint - The company has approved the use of up to RMB 190 million of temporarily idle raised funds for cash management, ensuring that it does not affect the construction of investment projects or normal operations [2][18]. Group 1: Fundraising Overview - The company was authorized to issue 7 million convertible bonds at a face value of RMB 100 each, raising a total of RMB 700 million, with a net amount of RMB 690 million after deducting issuance costs [3]. - The raised funds are managed in a dedicated account to protect investor rights, with agreements in place for supervision [3][4]. Group 2: Reasons for Idle Funds - Some of the raised funds are temporarily idle due to the cyclical nature of investment project construction and the timing of fund allocation [4]. Group 3: Cash Management Plan - The purpose of using idle funds is to improve efficiency and generate returns for the company and its shareholders [6]. - The company will invest up to RMB 190 million in safe, liquid financial products with capital protection agreements, such as structured deposits and time deposits, within a 12-month period [7][8]. - The board has authorized the chairman to make investment decisions and sign relevant legal documents, with the finance department of the wholly-owned subsidiary responsible for implementation [9]. Group 4: Impact on Operations - The cash management will not affect the implementation of investment plans and is expected to enhance fund utilization efficiency, providing additional returns for the company and shareholders [12]. Group 5: Opinions and Approvals - The board's audit committee supports the cash management plan, stating it will improve fund utilization and does not harm the interests of the company or minority shareholders [18][19]. - The sponsor institution has confirmed that the decision-making and approval processes comply with relevant regulations [19][20].