Wensli(SZ:301066) Zheng Quan Zhi Xing·2025-08-22 08:13Core Viewpoint - Hangzhou Wanshili Silk Culture Co., Ltd. has approved the use of idle raised funds and self-owned funds for cash management, with a total limit of RMB 9.16 billion [1][2]. Group 1: Financial Management - The company has agreed to use up to RMB 316 million of idle raised funds and up to RMB 600 million of self-owned funds for cash management [1]. - The usage period for these funds is valid for 12 months from the date of approval by the first extraordinary general meeting of shareholders in 2025 [1]. - The funds can be used in a rolling manner within the specified limits and time frame [1]. Group 2: Regulatory Compliance - A dedicated settlement account for idle raised funds has been opened at China Construction Bank, specifically for cash management purposes [1]. - The account will only be used for temporarily idle raised funds and will not be used for non-raised funds or other purposes, in accordance with relevant laws and regulations [1].