FW(SH:600742) Zheng Quan Zhi Xing·2025-08-26 09:17Core Viewpoint - The company intends to utilize part of its idle raised funds for cash management to enhance fund efficiency while ensuring that the investment projects proceed normally and that the funds remain secure [5][8]. Fundraising Overview - The company raised a total of RMB 635,033,590.32 through a non-public issuance of 59,460,074 A shares at a price of RMB 10.68 per share, with a net amount of RMB 623,111,604.20 after deducting issuance costs [3][4]. Fund Usage and Idle Status - As of July 31, 2025, the company has used RMB 62,311.16 million of the raised funds, with a remaining balance of RMB 44,657.73 million. The funds have been allocated to various projects, including innovation research and development, and automotive product projects [4][5]. Cash Management Plan - The company plans to use up to RMB 447 million of idle funds for purchasing short-term, high-security, and liquid investment products, with a maximum investment period of 12 months [5][6]. Decision-Making Process - The decision to use idle funds for cash management was approved by the company's board of directors and supervisory committee, ensuring compliance with relevant regulations [6][8]. Impact on the Company - The cash management initiative is expected to improve the efficiency of fund usage and generate additional returns for the company and its shareholders without affecting the normal progress of investment projects [7][8].