weizhixiang(SH:605089) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-20 00:31Core Viewpoint - The company has approved the use of up to RMB 200 million of temporarily idle raised funds for cash management, focusing on low-risk, high-liquidity principal-protected financial products [1][11]. Summary by Sections Cash Management Overview - The purpose of cash management is to enhance the efficiency of temporarily idle raised funds, reduce financial costs, and increase shareholder returns while ensuring that it does not affect the construction of investment projects or the company's normal operations [1]. - The source of funds for this cash management is the temporarily idle raised funds [1]. Basic Situation of Raised Funds - The company raised a total of RMB 713.25 million from the public offering of 25 million shares at a price of RMB 28.53 per share, with a net amount of RMB 646.62 million after deducting related expenses [2]. Specifics of Cash Management - The cash management involves purchasing structured deposits from banks, which are principal-protected with floating returns [6]. - The investment products are selected based on high safety and liquidity, ensuring compliance with the intended use of raised funds [6]. Risk Control Measures - The company will adhere to prudent investment principles, selecting issuers with strong credit ratings and safety guarantees [3]. - The internal audit department will oversee the use and custody of funds for investment products, conducting regular checks and reporting to the board's audit committee [3][7]. Impact on the Company - The total amount for this investment is RMB 39 million, which is expected to improve fund utilization efficiency and increase investment returns without affecting normal operations [9]. - The structured deposit products will be reported in the financial statements according to new financial instrument standards [9].