Sanmei(SH:603379) Shang Hai Zheng Quan Bao·2025-10-24 19:42Core Viewpoint - Zhejiang Sanmei Chemical Co., Ltd. has approved the use of idle raised funds for cash management, ensuring the safety of the raised funds and the necessary funding for investment projects [1] Group 1 - The company held the 18th meeting of the 6th Board of Directors and the 16th meeting of the 6th Supervisory Board on March 24, 2025, to discuss the use of idle raised funds for cash management [1] - The maximum daily balance for cash management is set at 190 million yuan, with an authorization period of 12 months from the date of the board's approval [1] - The company disclosed the details of this decision in an announcement on March 25, 2025 [1] Group 2 - On July 24, 2025, the company used 20 million yuan and 70 million yuan of idle raised funds to subscribe to structured deposits from China Construction Bank [2] - On October 23, 2025, the company redeemed these cash management products, recovering a total principal of 90 million yuan and earning interest income of 267,600 yuan [2] - Both the principal and interest income have been returned to the raised funds account [2]