Core Viewpoint - Hefei Huitong Holdings Co., Ltd. has successfully redeemed part of its cash management products and continues to manage its idle raised funds to enhance returns for the company and its shareholders [2][11]. Cash Management Redemption - The company has redeemed a total of 250 million yuan from cash management products, receiving an interest income of 2.9967 million yuan [2][5]. Ongoing Cash Management - The company is continuing its cash management with an investment of 230 million yuan in bank structured deposits [3][5]. - The board of directors approved the use of up to 300 million yuan of temporarily idle raised funds for cash management, ensuring that it does not affect the construction of investment projects or the safety of raised funds [3][8]. Purpose and Source of Funds - The purpose of cash management is to improve the efficiency of raised funds and increase returns for the company and its shareholders while ensuring normal operations and project construction [5][11]. - The funds for cash management come from temporarily idle raised funds, which were raised through an initial public offering totaling approximately 761.8563 million yuan, with a net amount of 678.5604 million yuan after deducting issuance costs [7][11]. Risk Management - The cash management products are characterized as principal-protected and floating yield, ensuring high safety and liquidity [4][11]. - The company will select reputable financial institutions for cash management and will monitor the investment products closely to mitigate risks [9][10]. Impact on Company - The use of idle raised funds for cash management will not adversely affect the company's main business or the implementation of investment projects, while also potentially increasing returns for shareholders [11].
合肥汇通控股股份有限公司关于募集资金现金管理到期赎回并继续进行现金管理的进展公告