Core Points - Zhejiang Xinghua New Materials Group Co., Ltd. held its 10th meeting of the 4th Board of Directors on October 24, 2025, where it approved the Q3 2025 report and a proposal for cash management of temporarily idle raised funds [1][2] - The Q3 2025 report complies with relevant laws and regulations, accurately reflecting the company's operational status without any false statements or omissions [2] - The company plans to invest up to 310 million yuan of idle raised funds in cash management products, focusing on high safety and liquidity options, with a management period not exceeding 12 months [3] Summary by Sections Board Meeting and Decisions - The board meeting was conducted with all 9 members present, and all proposals were passed unanimously [3] Financial Reporting - The Q3 report was disclosed on the same day and adheres to the requirements set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange [2] Cash Management Proposal - The cash management will include safe and liquid products such as structured deposits, large certificates of deposit, and time deposits, ensuring that the investment does not affect the progress of ongoing projects [3]
星华新材审议通过2025年三季度报告 拟动用不超3.1亿元闲置募集资金开展现金管理