广钢气体拟用不超13亿元闲置募集资金进行现金管理

Core Viewpoint - Guanggang Gas (stock code: 688548) announced the approval of a proposal to use part of the temporarily idle raised funds for cash management, aiming to improve the efficiency of fund utilization while ensuring project construction and operational safety [1][4]. Fundraising Situation - The company raised a total of approximately 3.26 billion yuan from its initial public offering, with a net amount of about 3.07 billion yuan after deducting issuance costs [2]. - Previous cash management involved using up to 1.7 billion yuan of idle funds, and the company plans to continue this practice [2]. - The current proposal allows for the use of up to 1.3 billion yuan of idle funds for a period of 12 months, with the possibility of rolling over the amount [2]. Impact on Company Operations - The cash management initiative is expected to enhance fund utilization efficiency without affecting daily cash flow or the operation of investment projects, thereby potentially increasing overall performance and shareholder returns [3]. - The company will account for the financial products in accordance with regulations, ensuring that the investment does not compromise the main business development [3]. Review and Verification - The board and supervisory committee approved the cash management plan, affirming that it would not alter the purpose of the raised funds or harm shareholder interests [4]. - The sponsor, Guotai Junan Securities, confirmed that the initiative complies with relevant regulations and is beneficial for improving fund utilization efficiency [4].