Ninestar(SZ:002180) Xin Lang Cai Jing·2025-08-23 06:29Core Viewpoint - Nasda Co., Ltd. plans to utilize up to 2 billion RMB of idle self-owned funds for cash management to enhance fund efficiency while ensuring operational needs are met [1][3]. Cash Management Plan - The company and its subsidiaries will invest in low-risk, high-security, and liquid cash management products issued by banks and securities firms, including structured deposits and wealth management products [1]. - The maximum amount of idle funds to be used for cash management is capped at 2 billion RMB within a 12-month period, with the funds being able to roll over within this limit [1]. Risk Control Measures - A dedicated working group will be established to oversee cash management activities, adhering to internal approval processes outlined in the company's charter [2]. - The company will implement strict investment principles, real-time analysis of product value changes, and regular audits to monitor fund usage and security [2]. Impact on Company Operations - The cash management initiative is expected to improve fund efficiency and generate returns for the company and its shareholders without affecting daily operations or core business activities [3]. - The board of directors and supervisory board have expressed support for the cash management plan, emphasizing its alignment with shareholder interests and compliance with necessary procedures [3].