Zheng Quan Zhi Xing·2025-08-27 10:16Core Viewpoint - The company intends to utilize part of its idle raised funds for cash management to enhance fund efficiency and generate returns for the company and its shareholders [1][2][7]. Fundraising Basic Situation - The company raised a total of approximately RMB 400 million through the issuance of 33,955,857 shares at a price of RMB 11.78 per share, with a net amount of approximately RMB 392.36 million after deducting issuance costs [1][2]. Fund Investment Project Situation - As of June 30, 2025, the company has invested approximately RMB 39.24 million in the new energy integrated large die-casting project out of a total planned investment of RMB 800 million [2]. Cash Management Basic Situation - The purpose of cash management is to improve the efficiency of the raised funds without affecting project construction and normal operations, aiming to increase returns for the company and shareholders [2][3]. Cash Management Limits and Products - The company plans to use up to RMB 80 million of idle funds for cash management within a 12-month period, focusing on safe and liquid financial products such as structured deposits and large certificates of deposit [3][4]. Implementation and Oversight - The board of directors has authorized the chairman to sign relevant contracts within the specified limits, with the finance department responsible for implementation [4][6]. Decision-Making Process - The board and supervisory committee have approved the cash management plan, confirming that it will not harm the interests of the company or minority shareholders and complies with relevant laws and regulations [6][7]. Sponsor's Review Opinion - The sponsor has verified that the cash management plan has undergone necessary approvals and will not affect the normal operation of fundraising projects or the company's main business, aligning with the interests of all shareholders [7].