CRE(SH:600217) Shang Hai Zheng Quan Bao·2025-10-29 22:06Core Viewpoint - The company, Zhongzai Resources Environment Co., Ltd., has successfully redeemed 150 million yuan of temporarily idle raised funds used for cash management, generating a return of 20,670 yuan, which has been returned to the designated account for raised funds [2][3]. Summary by Sections Cash Management Redemption Situation - The company utilized 150 million yuan of temporarily idle raised funds to purchase a structured deposit product from China Everbright Bank, with the principal amount of 150 million yuan being redeemed on October 27, 2025, along with a return of 20,670 yuan [3][4]. Continued Cash Management Situation - The purpose of cash management is to enhance the efficiency of raised funds without affecting project construction and normal operations, thereby reducing financial costs and increasing returns for the company and its shareholders [4][5]. Amount and Source of Funds - The total amount for this cash management investment is 150 million yuan, sourced from temporarily idle funds raised through a specific stock issuance [5][6]. Fundraising Overview - The company raised a total of approximately 882.3 million yuan through the issuance of 268,993,891 shares at a price of 3.28 yuan per share, with a net amount of approximately 871.9 million yuan after deducting related issuance costs [8]. Purchase of Financial Products - On October 27, 2025, the company signed a contract with China Everbright Bank for a structured deposit, with the product linked to the exchange rate of EUR/USD [9]. Decision-Making Procedures - The decision to use temporarily idle raised funds for cash management was approved in meetings held on August 28, 2025, with a limit set for cash management activities not exceeding 200 million yuan [10]. Impact on the Company - The use of idle raised funds for cash management is conducted under the premise of not affecting the normal implementation of investment projects, thereby improving the efficiency of fund usage and increasing company returns [11][12].