Heli Technology(SH:603917) Shang Hai Zheng Quan Bao·2025-09-26 18:29Core Viewpoint - Ningbo Helit Technology Co., Ltd. has announced the use of temporarily idle raised funds for cash management, which has been approved by the company's board and supervisory board [2][10]. Group 1: Basic Information - The company plans to use RMB 73.5 million for cash management, sourced from temporarily idle funds raised through a specific stock issuance [5][8]. - The total amount raised from the issuance of 47,040,000 shares at a price of RMB 12.69 per share was RMB 596.94 million, with a net amount of RMB 586.09 million after deducting related costs [5][7]. Group 2: Investment Purpose and Method - The purpose of the investment is to improve the efficiency of fund utilization without affecting the normal operation of the fundraising projects, thereby increasing returns for the company and its shareholders [4][11]. - The cash management products purchased are structured deposits with a principal-protected floating return, ensuring high safety and liquidity [8][16]. Group 3: Approval and Oversight - The board and supervisory board approved the cash management plan during their respective meetings held on March 31, 2025, allowing for a maximum of RMB 400 million to be used within 12 months [10][11]. - The supervisory board supports the cash management initiative, stating it does not conflict with the implementation of fundraising projects and is beneficial for improving fund utilization efficiency [11][16]. Group 4: Impact on the Company - The use of idle funds for cash management is intended to ensure the necessary funding for investment projects while enhancing the utilization rate of raised funds, leading to higher interest income and increased shareholder returns [14][15]. - The company will adhere to relevant accounting standards for the cash management activities, with specific treatments to be confirmed in annual audits [15].