万润新能: 东海证券股份有限公司关于湖北万润新能源科技股份有限公司使用部分暂时闲置募集资金进行现金管理的核查意见

Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency while ensuring that it does not affect the ongoing investment projects or alter the intended use of the funds [1][10]. Fundraising Basic Situation - The company raised a total of RMB 638,858.20 million through its initial public offering, with a net amount of RMB 614,562.26 million after deducting issuance costs [1][2]. - The funds have been deposited in a special account approved by the board of directors, with a tripartite supervision agreement in place [2]. Fund Investment Project Situation - The actual net amount raised is RMB 614,562.26 million, with an excess of RMB 488,353.43 million [2]. - The company has outlined specific projects for the use of these funds, including high-performance lithium-ion battery materials and a research center for lithium battery anode materials [3]. Reasons for Idle Funds - Due to the construction cycle of the investment projects, there is a temporary idle situation with RMB 24,967.62 million remaining unutilized as of August 15, 2025 [3][4]. Cash Management Plan - The company intends to use up to RMB 20,000.00 million of the idle funds for cash management within a 12-month period, ensuring that it does not impact the investment projects [6][9]. - The cash management products will be of high safety and liquidity, and will not be used for pledging or securities investment [6][8]. Approval and Monitoring - The board of directors and the supervisory board have approved the cash management plan, confirming compliance with relevant regulations [9][10]. - The supervisory board believes that this plan will enhance the efficiency of fund usage without harming the interests of the company and its shareholders [9]. Impact of Cash Management - The cash management initiative is expected to improve the efficiency of the raised funds and generate additional returns for the company and its shareholders, while ensuring the safety and liquidity of the funds [7][10].