Zheng Quan Zhi Xing·2025-08-27 16:18Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds for cash management to improve fund efficiency while ensuring that it does not affect the normal implementation of its investment projects [2][4][6]. Fundraising Basic Situation - The company raised a total of RMB 759,999,198.51 through a non-public issuance of 51,806,353 shares at RMB 14.67 per share, with a net amount of RMB 752,972,966.10 after deducting issuance costs [1][2]. Cash Management Basic Situation - The company intends to use up to RMB 30 million of the temporarily idle raised funds for cash management, which can be rolled over within a 12-month period from the board's approval date [2][4]. - The purpose of cash management is to enhance fund efficiency and reduce financial costs while ensuring the safety of the raised funds [2][4]. Investment Project Changes - The company has approved the change and completion of the "Lightweight Automotive Aluminum Components Intelligent Production Base Project" and will invest the remaining raised funds into a new project for the construction of a production line for high-strength fasteners [3][4]. Risk Analysis and Control Measures - The company plans to invest in low-risk, high-liquidity products such as structured deposits and large-denomination certificates of deposit, with overall risks being controllable [4]. - Measures will be taken to ensure the safety of funds and to avoid impacting the normal progress of investment projects [4][5]. Impact on the Company - The cash management plan is designed to ensure that it does not change the purpose of the raised funds or affect the company's main business operations, thereby providing better returns for the company and its shareholders [5][6]. Review Procedures - The board and supervisory board have approved the cash management proposal, complying with relevant laws and regulations, and ensuring that there is no disguised change in the use of raised funds [6].