TKGF(SH:601233) Xin Lang Cai Jing·2025-08-28 11:32Core Viewpoint - Tongkun Group Co., Ltd. plans to continue using part of its temporarily idle raised funds for cash management, with an amount not exceeding 350 million yuan, which can be rolled over within this limit [1][2]. Fundraising Basic Situation - In 2021, Tongkun Group raised approximately 1.97 billion yuan through a private placement of 123,588,456 shares at a price of 15.94 yuan per share, with a net amount of about 1.96 billion yuan after deducting related fees [2]. - The cash management plan allows for an investment scale of up to 350 million yuan, which can be used by the company and its wholly-owned subsidiary for a period not exceeding twelve months [2]. Risk Analysis and Control - The company acknowledges that while the cash management products are low-risk, they are still subject to market fluctuations, and actual short-term investment returns cannot be precisely predicted [3]. - A series of risk control measures are in place, including oversight by the finance department and auditing by the audit office, with independent directors and the supervisory board having the authority to supervise fund usage [3]. Impact on the Company - The company asserts that the cash management of idle funds will not affect the normal funding needs for its investment projects and aims to enhance fund utilization efficiency, ultimately benefiting shareholders [4]. Opinions from Intermediary Institutions - Guosen Securities, the sponsor, agrees with the cash management plan, stating it follows necessary approval procedures and complies with relevant regulations, thus not harming the interests of the company and its shareholders [5].