Peric Special Gases (SH:688146) Shang Hai Zheng Quan Bao·2025-08-22 22:03Core Viewpoint - The company, China Shipbuilding (Handan) Special Gas Co., Ltd., has conducted its second board meeting to discuss various financial and operational matters, including the use of idle funds for cash management and the approval of the 2025 semi-annual report [8][15][22]. Group 1: Company Overview - The company is identified as China Shipbuilding (Handan) Special Gas Co., Ltd. with stock code 688146 [22]. - The company has not made any profit distribution or capital increase from reserves during the reporting period [5]. Group 2: Financial Data - The total amount raised from the initial public offering (IPO) was approximately RMB 2.87 billion, with a net amount of about RMB 2.80 billion after deducting issuance costs [33][49]. - As of June 30, 2025, the balance of the special account for raised funds was approximately RMB 2.15 billion [32]. Group 3: Board Meeting Resolutions - The board approved a special report on the storage and actual use of raised funds for the first half of 2025 [9][24]. - The board also approved a risk assessment report for China Ship Finance Co., Ltd. [11][26]. - The board agreed to use up to RMB 2.2 billion of temporarily idle raised funds and RMB 700 million of idle self-owned funds for cash management [12][48]. Group 4: Cash Management - The company plans to use temporarily idle raised funds for investments in safe and liquid financial products, ensuring that these do not affect the implementation of investment projects [51][59]. - The cash management will be conducted under strict risk control measures, with a focus on maintaining the safety and liquidity of the funds [63]. Group 5: Upcoming Shareholder Meeting - The company will hold its third extraordinary shareholder meeting on September 10, 2025, using a combination of on-site and online voting methods [72][74].