Northglass(SZ:002613) Shang Hai Zheng Quan Bao·2025-10-14 19:29Core Viewpoint - The company has approved the use of temporarily idle raised funds for cash management, allowing up to 350 million RMB to be utilized within a 12-month period, ensuring that it does not affect the normal use of the raised funds for investment projects [1][2]. Group 1: Cash Management Progress - The company has decided to use temporarily idle raised funds for cash management, with a total amount not exceeding 350 million RMB, which can be rolled over within the authorized limit [2]. - The previous cash management products purchased with idle funds have matured and been redeemed, allowing the company to continue using the funds for structured deposit products [2][4]. Group 2: Approval Procedures - The total amount and duration of cash management using idle funds have not exceeded the authorization range set by the board of directors [2]. Group 3: Investment Risk and Management - The cash management approach is characterized by high safety, good liquidity, and low risk, although it may still be influenced by macroeconomic and financial market fluctuations [4]. - The company will adhere to relevant regulations and internal policies to ensure the safety of the funds used in cash management [5]. Group 4: Impact on the Company - The company aims to improve the efficiency of the raised funds and generate investment returns without affecting the normal operation of investment projects [4]. - Over the past 12 months, the company has cumulatively used 220 million RMB of temporarily idle raised funds for cash management, which remains within the authorized limits [4].