Core Viewpoint - The company has approved the use of idle raised funds for cash management, allowing up to RMB 1 billion for investments in low-risk financial products, ensuring that this does not affect the normal operations or project implementations of the raised funds [1][5]. Group 1: Establishment of Special Settlement Account - The company has opened a special settlement account for raised funds at the China Export-Import Bank Zhejiang Branch to manage cash from idle raised funds [2]. - The account will only be used for the settlement of financial products purchased with idle raised funds and will not be used for non-raised funds or other purposes [2]. Group 2: Risk Control Measures - The company will adhere to prudent investment principles, selecting low-risk investment products and clearly defining the rights and obligations related to cash management [3]. - A financial department will maintain an investment ledger and closely monitor the operation of the invested funds, taking timely measures to mitigate any identified risks [3]. - The company has established a separation of decision-making, execution, and supervision roles to ensure effective cash management and safeguard fund security [4]. Group 3: Impact on the Company - The use of idle raised funds for cash management will not affect the normal operation of the fundraising projects or the company's regular production activities, ensuring compliance with the intended use of the funds [5]. - This strategy aims to generate investment returns and improve the efficiency of fund utilization, ultimately benefiting the company and its shareholders [5].
中策橡胶集团股份有限公司关于开立募集资金理财产品专用结算账户的公告