Niutech(SH:688309) Shang Hai Zheng Quan Bao·2025-08-26 19:50Core Viewpoint - The company has approved the use of idle self-owned funds for cash management, not exceeding RMB 350 million, to enhance fund utilization efficiency and increase returns for shareholders [24][26][28]. Group 1: Company Overview - The company is named Jinan Hengyu Environmental Technology Co., Ltd. and is listed under the stock code 688309 [3]. - The company has not undergone any changes in its controlling shareholder or actual controller [4]. Group 2: Financial Data - The company has not disclosed specific financial data in the provided documents [2][3]. Group 3: Board and Supervisory Meetings - The fourth board and supervisory meetings were held on August 26, 2025, with all members present, and the resolutions passed were deemed legal and effective [5][6][8]. - The supervisory board approved the company's half-year report and the special report on the use of raised funds [10][11]. Group 4: Cash Management Plan - The company plans to use idle self-owned funds for cash management, focusing on high-security, high-liquidity investment products, with a maximum investment period of 12 months [24][30][32]. - The cash management will not affect the company's normal operations or its main business development [32]. Group 5: Stock Incentive Plan - The company has decided to cancel a total of 644,464 shares of unvested restricted stock due to certain incentive targets not being met and some recipients leaving the company [19][42][43]. - The cancellation of these shares will not materially impact the company's financial status or operational results [44].