Core Viewpoint - The company plans to utilize part of its idle raised funds and self-owned funds for cash management, focusing on high-safety, liquid, and principal-protected financial products, ensuring that this does not affect the normal operation and investment projects of the company [1][4][6]. Fundraising Overview - The company has successfully raised a total of RMB 944.24 million through the issuance of 40.01 million shares at RMB 23.60 per share, with a net amount of RMB 855.91 million after deducting issuance costs [2][3]. - The excess raised funds amount to RMB 65.91 million, and all raised funds have been verified and accounted for [2][3]. Investment Project Details - The net proceeds from the fundraising will be allocated to projects related to the main business, including a production project for low-melting-point polyester fibers and a research center for recycled short fibers, with a total investment of RMB 114.53 million [3]. Cash Management Plan - The company intends to invest up to RMB 2.60 billion of idle raised funds and up to RMB 14.00 billion of idle self-owned funds in safe, liquid, principal-protected financial products, with individual product terms not exceeding 12 months [1][4][5]. - The cash management plan is designed to enhance fund utilization efficiency and generate additional income for the company and its shareholders [4][6]. Approval Process - The cash management proposal was approved in the board and supervisory meetings held on August 29, 2025, and does not require further shareholder approval [2][7]. Monitoring and Compliance - The company has established a special account for the management of raised funds and signed a tripartite supervision agreement with the bank and sponsor to ensure compliance and protect investor interests [3][5]. - The company will disclose the cash management activities in accordance with relevant regulations and guidelines [5][7].
天富龙: 关于使用部分闲置募集资金及自有资金进行现金管理的公告