Core Viewpoint - The company, Guangdong Shiyun Circuit Technology Co., Ltd., has announced the use of part of its idle raised funds for cash management, focusing on low-risk financial products to enhance fund utilization efficiency and generate investment returns for the company and its shareholders [1][3]. Group 1: Cash Management Basic Situation - The company has approved the use of up to RMB 110 million of temporarily idle raised funds for cash management, primarily for purchasing safe, liquid, and principal-protected deposits or financial products [2]. - The investment products must not be pledged, and the duration of each investment product should not exceed 12 months, with the resolution valid for 12 months from the board's approval date [2]. Group 2: Current Cash Management Status - As of the announcement date, the company has not yet reached the maturity of its cash management products, indicating ongoing management of idle funds [3]. Group 3: Impact of Cash Management on the Company - The cash management initiative is conducted without affecting the normal investment plans of the raised funds and ensures the safety of the raised funds, thereby improving the efficiency of fund utilization and providing additional investment returns for the company and its shareholders [3].
广东世运电路科技股份有限公司关于使用部分闲置募集资金进行现金管理的进展公告