Bondex(SH:603836) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-24 21:09Core Viewpoint - The company plans to utilize idle raised funds for cash management to enhance fund efficiency and generate returns for shareholders while ensuring the safety of the funds [3][12]. Investment Overview - Investment Purpose: The aim is to improve the efficiency of raised funds and ensure that the normal implementation of fundraising projects is not affected while increasing returns for the company and its shareholders [3]. - Investment Amount: The total amount for cash management is set at 50 million RMB [4]. - Source of Funds: The funds for this cash management initiative will come from idle raised funds [4]. Fundraising Background - The company was approved by the China Securities Regulatory Commission to issue up to 51.31 million shares at a price of 16.84 RMB per share, raising a total of approximately 864.06 million RMB, with a net amount of about 784.17 million RMB after deducting issuance costs [5]. Approval Process - The board of directors and the supervisory board approved the cash management proposal on April 17, 2025, allowing the use of up to 220 million RMB of idle raised funds within a 12-month period [7]. Risk Analysis and Control Measures - Risk Analysis: While the company intends to invest in high-safety, liquid principal-protected financial products, there are risks associated with market fluctuations and macroeconomic changes that could affect returns [8]. - Control Measures: The company will adhere to regulations, monitor the investment closely, and take necessary actions to mitigate risks if adverse factors are identified [9][10]. Impact on the Company - The cash management of idle raised funds is expected to enhance fund efficiency without affecting the normal operations of fundraising projects, thereby potentially increasing overall performance and returns for shareholders [12]. - As of June 30, 2025, the company's cash balance was approximately 1,004.31 million RMB, with the cash management amount representing about 4.98% of this balance, indicating minimal impact on the company's financial health [13].