YPH(SZ:000088) Shang Hai Zheng Quan Bao·2025-09-09 20:45Core Viewpoint - Shenzhen Yantian Port Co., Ltd. has announced the use of idle raised funds for cash management, specifically to invest in financial products, with a total investment limit of up to RMB 100 million within a 12-month period [2][3]. Group 1: Investment Details - The types of investments include but are not limited to wealth management products, structured deposits, and transferable large-denomination certificates of deposit [2]. - The total amount for purchasing financial products will not exceed RMB 100 million, effective for 12 months from the board's approval date, and the funds can be rolled over [3]. - The decision was approved during the board and supervisory meetings held on March 21, 2025, with clear consent from independent directors and the supervisory board [3]. Group 2: Risk Management - The company acknowledges potential investment risks, including market volatility, interest rate risks, and policy risks that may affect expected returns or principal safety [5]. - To mitigate these risks, the company will adhere to prudent investment principles, selecting reputable financial institutions with robust risk control measures [6]. - The audit department will supervise the use and custody of the invested funds, and independent directors and the supervisory board will have the authority to monitor and inspect fund usage [7]. Group 3: Impact on Operations - The use of idle raised funds for purchasing financial products will not affect the implementation of investment projects or the company's normal operations, aiming to enhance fund utilization efficiency and generate investment returns for the company and its shareholders [7]. - As of the announcement date, the company has previously used RMB 100 million of idle raised funds for financial products, remaining within the authorized limit [8].