Zheng Quan Zhi Xing·2025-08-25 16:22Core Viewpoint - The company plans to utilize part of its idle raised funds for cash management to enhance the efficiency of fund usage and generate investment returns for the company and its shareholders [1][2][5]. Group 1: Fundraising Overview - The company has issued 90,130,689 shares, raising a total of approximately RMB 1.999 billion, with a net amount of approximately RMB 1.993 billion after deducting issuance costs [1]. - The funds have been allocated to its subsidiary, Qilin Software Co., Ltd., and a four-party supervision agreement has been established for fund management [2]. Group 2: Cash Management Details - The company intends to use up to RMB 1.5 billion of idle raised funds for cash management, with the investment period effective for 12 months from the board's approval [2][5]. - The cash management will focus on low-risk, high-liquidity investment products such as time deposits and large certificates of deposit, ensuring that these funds are not used for pledging [3]. Group 3: Implementation and Oversight - The board has authorized the management of Qilin Software to make investment decisions within the specified parameters, with the chairman responsible for signing relevant legal documents [3]. - Any returns from cash management will first be used to cover any shortfalls in project investments, adhering to regulatory requirements for fund management [3][4]. Group 4: Approval and Compliance - The board and supervisory committee have approved the cash management proposal, confirming that it does not alter the intended use of the raised funds or harm shareholder interests [5][6].