Core Points - The company has approved the use of idle raised funds for cash management to enhance fund efficiency and returns for shareholders [2][11] - The total amount allocated for cash management is 382 million yuan [3] - The source of funds is from the company's initial public offering, which raised a net amount of 1.03357 billion yuan after deducting issuance costs [5][6] Cash Management Overview - The purpose of cash management is to utilize idle funds without affecting project construction and normal operations [2] - The cash management products are structured deposits with a focus on capital preservation and low risk [10] - The company has established a dedicated settlement account for cash management products to ensure compliance with regulations [1] Investment Details - The cash management investment will not exceed 450 million yuan and is valid for 12 months [11] - The company has a structured approach to managing and utilizing raised funds, adhering to regulatory guidelines [7] - The company has implemented measures to monitor and control investment risks associated with cash management [12][13] Impact on the Company - The use of idle funds for cash management is designed to improve efficiency and generate returns without compromising ongoing projects [14] - The financial results from cash management will be reflected in the company's financial statements as per accounting standards [14] - The company aims to ensure that this strategy does not harm the interests of shareholders, particularly minority shareholders [14]
嘉环科技股份有限公司关于使用部分闲置募集资金进行现金管理的进展公告