泰坦科技拟继续用不超4亿闲置募资进行现金管理

Core Viewpoint - Shanghai Titan Technology Co., Ltd. plans to continue using part of its idle raised funds for cash management, with a maximum amount of 400 million yuan, ensuring that it does not affect the construction and use of the raised funds investment projects [1][4]. Fundraising Situation - In 2022, Titan Technology issued 7,624,896 shares at a price of 131.61 yuan per share, raising a total of approximately 1.003 billion yuan, with a net amount of about 985 million yuan after deducting related issuance costs [2]. Previous Cash Management Situation - In August 2024, the company approved the use of up to 400 million yuan of idle raised funds for cash management, with funds stored in a special account for raised funds, allowing for immediate withdrawal [3]. Impact on the Company - The continued use of idle raised funds for cash management will not affect the normal operation of the investment projects and aims to generate more returns for the company and its shareholders [4]. Decision-Making Process and Opinions - The cash management matter has been approved by the board of directors and the supervisory board, and does not require submission to the shareholders' meeting. Independent directors and the supervisory board have expressed agreement, stating that the matter is legal and compliant, and aligns with the interests of the company and shareholders [5].