Core Viewpoint - Anhui Qiangbang New Materials Co., Ltd. has approved the use of idle raised funds for cash management, allowing up to RMB 230 million for investment in financial products, ensuring it does not affect ongoing projects or operations [1][6]. Group 1: Fund Management - The company and its subsidiary, Shanghai Shenlong New Materials Technology Co., Ltd., have recently utilized idle raised funds to purchase financial products [2]. - The total amount and duration of the financial products purchased do not exceed the authorization granted at the third extraordinary general meeting of shareholders in 2024 [2]. Group 2: Approval Procedures - The company has followed the necessary approval procedures for the use of idle funds, ensuring compliance with relevant regulations and internal guidelines [4][5]. Group 3: Risk Management - The company will adhere to regulatory requirements and internal rules for cash management, implementing strict controls to ensure the safety of funds [4]. - A financial department will maintain a ledger for short-term financial products and ensure proper accounting practices [4]. Group 4: Impact on Operations - The use of idle funds for cash management is designed to enhance the efficiency of fund utilization and generate investment returns without impacting the company's daily operations or the progress of investment projects [6].
安徽强邦新材料股份有限公司关于使用部分闲置募集资金购买理财产品的进展公告