Core Viewpoint - The company, China Resources Materials, has announced a significant decision regarding the management of idle funds, aiming to enhance fund utilization efficiency and increase company revenue [1][2]. Fund Management Decision - The board meeting held on September 25, 2025, approved the use of up to 1.2 billion yuan (including the principal) of idle raised funds for cash management [1]. - Additionally, the company plans to use up to 2 billion yuan (including the principal) of its own funds for cash management, ensuring normal operational and developmental funding needs, as well as liquidity and safety [1]. - The cash management products purchased from banks and financial institutions must meet specific criteria, including being high-security products like structured deposits and large-denomination certificates of deposit, and must not be non-principal protected [1]. - The investment decision authority is granted to the general manager for a period of 12 months from the board's approval, allowing for the signing of relevant contracts and documents [1]. Approval and Oversight - The proposal has been reviewed and approved by the board's audit committee, and the sponsor, CITIC Securities, has issued a written opinion with no objections [2]. - The company's approach to utilizing idle funds is aimed at improving fund efficiency and increasing revenue, with future market performance being a point of interest [2].
华润材料拟斥资超32亿闲置资金进行现金管理