Core Viewpoint - Tianhe Magnetic Materials (603072) has announced new actions in cash management, aiming to enhance fund utilization efficiency and generate more returns for shareholders while ensuring the normal progress of fundraising investment plans and fund safety [1] Group 1: Cash Management Actions - The company has decided to use 28 million yuan of idle raised funds for cash management, with the source being idle raised funds [3] - The company has previously approved the use of up to 500 million yuan of idle raised funds for cash management, with the decision made during the third board meeting on February 18, 2025 [3] Group 2: Investment Products and Returns - Recently, some idle raised fund products used for cash management have matured, with both principal and returns being promptly returned to the cash management account [2] - Specific investment products include: - A structured deposit with Citic Bank, with a subscription amount of 25 million yuan and an expected annual return rate of 1.00%-1.87%, yielding 116,600 yuan [2] - A closed product with Industrial Bank, with a subscription amount of 40 million yuan and an expected annual return rate of 1.00% or 2.24%, yielding 220,900 yuan [2] - Additional closed products with Industrial Bank totaling 150 million yuan, yielding 828,500 yuan [2] Group 3: Risk Management Measures - The company has implemented several measures to manage risks associated with cash management, including selecting safe and liquid products, tracking product performance, and ensuring oversight by independent directors and the audit committee [4] - The cash management activities will not affect the company's daily operations or the implementation of fundraising projects, aligning with the interests of the company and all shareholders [4]
天和磁材2800万元闲置募集资金现金管理动态：到期赎回再布局