成都燃气拟每年最高用10亿元自有资金进行现金管理

Core Viewpoint - Chengdu Gas Group Co., Ltd. has approved a plan to utilize up to RMB 1 billion of its own funds annually for cash management to enhance fund efficiency and returns for the company and its shareholders [1][4]. Summary by Sections Cash Management Overview - The purpose of cash management is to improve the efficiency and overall returns of the company's own funds, reduce financial costs, and ensure the preservation and appreciation of funds [1]. - The maximum amount allocated for cash management is RMB 1 billion per year, excluding time deposits and large certificates of deposit [1]. - The authorization for this cash management plan is valid for 36 months from the date of approval by the board [1]. Investment Product Requirements - The funds will be used to purchase low-risk, high-liquidity, and capital-protected products, which cannot be pledged [1][2]. - The source of funds will be idle self-owned funds, ensuring compliance with legal and regulatory requirements [1]. Implementation and Oversight - The board has authorized the general manager to make decisions regarding the cash management, including selecting qualified institutions, determining product amounts and terms, and signing contracts [1]. - The independent directors and supervisory board have the right to conduct regular or irregular checks on the cash management products and may hire professional institutions for audits if necessary [2]. Impact on the Company - Utilizing self-owned funds for cash management is expected to enhance fund efficiency and generate additional income, thereby improving overall company performance and providing greater returns for shareholders [3]. - The supervisory board agrees that this cash management will not affect the company's normal operations and has followed the necessary approval procedures [4].