Shanghai Prisemi Electronics (SH:688230) Zheng Quan Zhi Xing·2025-08-26 09:17Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency and generate additional returns for the company and its shareholders [1][6][8]. Fundraising Basic Information - The company was approved by the China Securities Regulatory Commission to publicly issue 15 million shares at a price of RMB 134.81 per share, raising a total of RMB 1,830.49 million [1][2]. Fund Investment Project Details - The total investment for the high-performance power management chip development project is RMB 443.76 million, which will be funded by the raised capital [3]. Cash Management Plan - The company intends to use up to RMB 1.2 billion of temporarily idle raised funds for cash management, ensuring that it does not affect the progress of fundraising projects or the company's normal operations [4][5]. - The funds will be invested in low-risk, high-liquidity financial products, with a maximum investment period of 12 months [5]. Approval Process - The board of directors approved the cash management plan on August 25, 2025, allowing the use of idle funds within the specified limits and timeframe [6][7]. - The supervisory board also reviewed and approved the plan, confirming compliance with relevant regulations and ensuring no adverse impact on the company's fundraising projects [7][8]. Sponsor's Verification Opinion - The sponsor believes that the cash management plan has followed necessary approval procedures and complies with relevant regulations, ensuring that it will not change the intended use of the raised funds or affect the normal operation of the company [8].