Core Points - The company Yubang New Materials (stock code: 301266, bond code: 123224) held its 21st meeting of the 4th Board of Directors on October 17, 2025, where it approved a proposal to use part of its idle raised funds for cash management and to deposit the raised funds in a fixed deposit manner [1][2] - The meeting was convened by Chairman Xiao Feng, with all 7 directors present, ensuring compliance with relevant regulations [1] - The company plans to use up to RMB 220 million (including RMB 220 million) of idle raised funds for cash management, effective for 12 months from the board's approval date, with the authority to make investment decisions delegated to the chairman [1][2] Summary by Sections - Meeting Details - The meeting was notified on October 13, 2025, and held in the company's third-floor conference room [1] - All 7 directors attended, and the meeting was deemed legally valid [1] - Proposal for Cash Management - The proposal allows for the use of idle raised funds to improve efficiency and returns, without affecting the construction and use of investment projects [1] - The funds will be managed under a rolling usage plan within the specified limit and timeframe [1] - The financial department is responsible for implementing the cash management, with the chairman authorized to sign relevant contracts [1] - Voting Results - The proposal received unanimous approval with 7 votes in favor, and no votes against or abstentions [2]
宇邦新材拟用不超2.2亿元闲置募集资金现金管理并协定存款存放