Zheng Quan Zhi Xing·2025-08-26 16:35Core Viewpoint - The company intends to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency without affecting the normal implementation of its investment projects [1][5][9]. Fundraising Overview - The company raised a net amount of RMB 90,538.59 million from its initial public offering, with RMB 40 million recorded as paid-in capital and RMB 86,538.59 million as capital reserve [1]. - The total amount raised was confirmed by the accounting firm on September 20, 2023 [2]. Fund Management and Investment Projects - The company has established a special account for the raised funds and signed tripartite and quadripartite supervision agreements to ensure proper management [3]. - The total planned use of the raised funds for investment projects is RMB 100,546 million, with RMB 90 million allocated for specific projects [4]. Cash Management Details - The company plans to use up to RMB 49,000 million of the temporarily idle funds for cash management, which can be rolled over within the specified limit [4][6]. - The cash management will involve purchasing low-risk, high-liquidity financial products with a maturity of no more than 12 months [5][6]. Approval and Oversight - The board of directors approved the cash management plan on August 26, 2025, allowing for the use of idle funds within a 12-month period [8]. - The supervisory board also endorsed the plan, stating it would enhance fund efficiency without altering the intended use of the raised funds [9]. Sponsor's Verification - The sponsor confirmed that the cash management plan complies with relevant regulations and does not affect the normal execution of the company's investment projects [9].