Neway CNC(SH:688697) Xin Lang Cai Jing·2025-08-27 11:04Core Viewpoint - The company, Nuwei CNC Equipment (Suzhou) Co., Ltd., plans to utilize idle self-owned funds for cash management, with a maximum amount of RMB 1 billion, to enhance fund efficiency and returns for the company and its shareholders [1][2]. Cash Management Basic Situation - Investment Purpose: To rationally utilize self-owned funds while ensuring safety, improving yield, and maintaining liquidity, thereby increasing fund efficiency and returns for the company and shareholders [2]. - Amount and Duration: Up to RMB 1 billion, with funds being able to roll over, valid for 12 months from the board's approval [2]. - Investment Types: Structured deposits or short-term financial products with high safety and liquidity, not for securities investment purposes [2]. - Implementation Method: The board authorizes the management to handle related matters within the approved limits and duration, with the finance department responsible for execution [2]. - Information Disclosure: The company will fulfill disclosure obligations as per relevant regulations [2]. Investment Risks and Control Measures - Despite the focus on high-safety and liquid products, market volatility due to macroeconomic factors poses systemic risks [3]. - The company will strictly adhere to laws and regulations for cash management, with internal audit departments supervising the investment products [3]. - The board's audit committee has the authority to oversee and inspect the use of funds and cash management [3]. Impact on Daily Operations - The cash management initiative will not affect the company's main business operations or daily funding needs, aiming to improve fund efficiency and generate returns for the company and shareholders [4].