Core Points - The company has approved the use of part of its temporarily idle raised funds for cash management, allowing for an investment of up to RMB 220 million within a 12-month period [1][6] - The company has successfully redeemed a RMB 200 million large-denomination certificate of deposit from a bank, with the principal and interest returned to the special account for raised funds [2][3] - The cash management aims to improve the efficiency of fund usage and increase returns for the company and its shareholders while ensuring the safety of the raised funds [2][7] Cash Management Details - The cash management amount is RMB 200 million, sourced from temporarily idle raised funds [3][2] - The investment product chosen is a large-denomination certificate of deposit, which meets the criteria for high safety and liquidity [5][3] - The company has established a special account for managing the raised funds, ensuring compliance with regulatory requirements [4][6] Approval Process - The board of directors and the supervisory board have approved the cash management proposal during meetings held on June 27, 2025 [1][6] - The approval process did not require a shareholders' meeting, as it falls within the board's authority [6][1] Impact on Operations - The cash management will not affect the normal operation of the company's main business or the funding of investment projects [7][6] - The strategy is expected to enhance the efficiency of fund usage and provide additional returns to shareholders [7][6] Recent Cash Management Activities - As of the announcement date, the company has a remaining balance of RMB 200 million in temporarily idle raised funds for cash management, with no overdue amounts [9][8]
海阳科技股份有限公司关于使用部分暂时闲置募集资金进行现金管理到期赎回并继续进行现金管理的公告