Daimay(SH:603730) Shang Hai Zheng Quan Bao·2025-09-18 20:16Core Viewpoint - The company has approved the use of idle raised funds for cash management, allowing up to RMB 400 million to be invested in low-risk financial products within a 12-month period [2] Group 1: Fund Management Approval - The company held board and supervisory meetings on April 29, 2025, where it approved the use of idle raised funds for cash management [2] - The total amount for cash management is capped at RMB 400 million, with a validity period of 12 months from the board's approval [2] - The management is authorized to invest in low-risk financial products, including bank wealth management products and structured deposits [2] Group 2: Investment Details - The company purchased a structured deposit product from China Merchants Bank, specifically a 31-day structured deposit [2] - Upon maturity, the company recovered the principal amount of RMB 40 million and earned a return of RMB 34,000 [3] Group 3: Recent Cash Management Activities - Over the past twelve months, the company has engaged in cash management activities using idle raised funds [3]