苏州西典新能源电气股份有限公司 关于使用部分暂时闲置募集资金购买理财产品到期赎回并继续购买理财产品的公告

Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds for cash management, aiming to enhance fund efficiency and generate additional returns for shareholders while ensuring that the investment does not affect the ongoing projects funded by the raised capital [1][10]. Group 1: Fund Management and Investment - The company has approved the use of up to RMB 40 million of temporarily idle raised funds for cash management, with investments in low-risk, liquid principal-protected financial products [1][11]. - Recently, the company redeemed a large deposit of RMB 60 million purchased from Ningbo Bank, returning both principal and earnings to the raised funds account [2][3]. - The investment products include structured deposits, time deposits, large certificates of deposit, notice deposits, and fixed-income certificates, with a maximum investment period of 12 months [1][11]. Group 2: Financial Performance and Compliance - The company raised a total of RMB 1,172.41 million from its initial public offering, with a net amount of RMB 1,073.03 million after deducting issuance costs [5]. - The company has established a dedicated account management system for the raised funds and signed regulatory agreements with sponsors and banks to ensure the safety of the funds [5]. - The company has not experienced any impact on the implementation progress of its funded projects due to the cash management activities, ensuring that the normal operations and cash flow of the company remain unaffected [6][10]. Group 3: Risk Management - The company has implemented a robust approval and execution process for cash management product purchases, ensuring the safety of the funds [8]. - The company adheres to prudent investment principles, selecting products from reputable issuers to mitigate risks [8]. - The independent directors and audit committee have the authority to supervise and review the use of funds, with the option to engage professional institutions for audits if necessary [8].