Canatal(SH:603912) Shang Hai Zheng Quan Bao·2025-09-15 18:41Core Viewpoint - The company, Nanjing Jialitu Machine Room Environment Technology Co., Ltd., has announced the use of idle funds from a non-public stock issuance for cash management, with a total amount not exceeding 700 million RMB, approved by the shareholders' meeting [2][13]. Investment Overview - The purpose of the investment is to improve the efficiency of fund utilization while ensuring the safety of the raised funds and not affecting the normal operation of investment projects [4]. - The total amount for entrusted wealth management by the company and its subsidiaries is 145 million RMB [5]. - The funds for this investment come from temporarily idle funds raised through a non-public stock issuance, which totaled approximately 911.27 million RMB before expenses [6]. Investment Details - The company has established a special account for the management of raised funds, ensuring compliance with regulatory requirements [7]. - As of June 30, 2025, the company has used 151.72 million RMB of the raised funds, accounting for 16.97% of the net amount, with a remaining balance of 783.59 million RMB [8]. Investment Products - The company has invested in structured deposit products with a term of 15 days, using 72.5 million RMB for each product [12]. - The investment products are characterized by high safety, good liquidity, and a capital protection agreement [10]. Risk Management - The company has implemented strict internal controls to manage risks associated with the entrusted wealth management, ensuring that only low-risk investment products are selected [17]. - Independent directors and the supervisory board have the authority to oversee the use of funds and can hire professional institutions for audits if necessary [18]. Impact on the Company - The use of idle funds for cash management is expected to enhance the efficiency of fund utilization and generate investment returns without adversely affecting the company's main business operations or financial status [20].