Azure(SZ:002245) Xin Lang Cai Jing·2025-10-17 10:52Core Points - The company, Weilan Lithium (002245), announced on October 18 the progress of using part of its idle raised funds for cash management [1] - The board meeting held on July 30, 2025, and the extraordinary shareholders' meeting on August 15, 2025, approved the proposal to use up to 300 million yuan of idle raised funds for cash management, ensuring that it does not affect the construction of investment projects and normal operations [1] - The company is authorized to invest in safe, high liquidity, and principal-protected investment products, with the ability to recycle the funds within the approved limit [1] Financial Management - On July 25, 2025, the company used 30 million yuan of idle raised funds to purchase structured financial products from China Minsheng Bank's Suzhou branch, with the principal automatically rolling over if not redeemed at maturity [1] - Recently, the company redeemed the aforementioned financial product, recovering the principal of 30 million yuan along with a financial return of 0.99 thousand yuan for the last period (14 days), which has been fully deposited into the special account for raised funds [1]