Sinovatio(SZ:002912) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-05 04:51Core Viewpoint - The company has increased the limit for cash management using idle self-owned funds from RMB 80 million to RMB 100 million, allowing for investment in low-risk, high-liquidity financial products or fixed-term deposits, effective for 12 months from the date of the shareholders' meeting [1][5]. Group 1: Cash Management Progress - The company's wholly-owned subsidiary, Nanjing Zhongxin Saike Technology Co., Ltd., has subscribed to structured deposits and fixed-term deposits using idle self-owned funds [1]. - The company has invested RMB 80 million in a structured deposit with Nanjing Bank, with a term of 96 days and an expected annualized return of 1.00%, 1.95%, or 2.05% [1][2]. - Additionally, the company has invested RMB 70 million in another structured deposit with Nanjing Bank, with a term of 183 days and the same expected annualized return [2]. - The company has also subscribed to fixed-term deposits in USD with Nanjing Bank and Zhejiang Merchants Bank, each for USD 25 million, with terms of 364 days and 699 days, respectively, and expected annualized returns of 4.34% and 4.10% [2]. Group 2: Impact on Daily Operations - The investment in low-risk, high-liquidity structured deposits and fixed-term deposits is conducted without affecting the company's normal operations and liquidity needs [5]. - This strategy aims to enhance the efficiency of fund utilization and increase asset returns, ultimately benefiting shareholders [5]. Group 3: Previous Cash Management Activities - As of the announcement date, the company and its subsidiaries have an outstanding balance of RMB 430 million and USD 65 million in cash management products [5].