TQM(SZ:002510) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-21 10:46Core Viewpoint - Tianjin Automotive Mould Co., Ltd. plans to use part of its idle raised funds, not exceeding RMB 160 million, to temporarily supplement working capital for a period not exceeding 12 months, ensuring timely repayment to the designated account before the due date [1][3][4]. Fundraising Basic Situation - The company issued 4.71 million convertible bonds with a total fundraising amount of RMB 471 million, netting RMB 463.1 million after deducting underwriting fees [1]. - The funds were deposited in a special account at Shanghai Pudong Development Bank [2]. Fund Usage Situation - As of September 30, 2025, the balance in the special storage account for raised funds was RMB 2.6328 million [3]. - The company previously used idle funds of up to RMB 265 million for working capital, which has been fully repaid by October 14, 2025 [3]. Current Fund Usage Plan - The current plan to use idle funds aims to improve efficiency, reduce financial costs, and lower operational expenses while ensuring that the investment projects are not affected [4][5]. - The company commits that the funds will not be used for stock trading or risk investments during this period [5]. Supervisory Opinions - The supervisory board and the sponsor institution have both approved the use of idle funds, confirming compliance with relevant regulations and ensuring no harm to shareholder interests [6][10].