江苏苏利精细化工股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告

Core Viewpoint - The company has approved the use of idle raised funds and its own funds for cash management, allowing for the purchase of low-risk financial products to enhance fund utilization efficiency and generate better returns for the company and its shareholders [2][3][11]. Group 1: Overview of the Financial Management - The purpose of the entrusted financial management is to improve fund utilization efficiency while ensuring that it does not affect the investment plans of raised funds and the normal operations of the company [3]. - The amount allocated for this financial management is up to 300 million yuan, with a specific investment of 100 million yuan in structured deposits from Industrial Bank Co., Ltd. [2][4]. - The funds for this financial management come from temporarily idle raised funds from the issuance of convertible bonds [4][5]. Group 2: Basic Situation of Raised Funds - The company issued 9,572,110 convertible bonds with a total amount of 957.21 million yuan, netting approximately 943.62 million yuan after deducting issuance costs [5]. - The raised funds are managed in a special account approved by the board, with a tripartite supervision agreement in place [5]. Group 3: Risk Analysis and Control Measures - The financial products purchased are characterized as low-risk, high liquidity, and with capital protection agreements, aligning with the company's fund management policies [8]. - The company will adhere to prudent investment principles, selecting products that offer capital protection and maintaining close contact with relevant institutions to monitor fund operations [9][10]. Group 4: Impact on the Company - The investment in low-risk short-term financial products will not affect the normal operation of the company's fundraising projects and is expected to enhance fund efficiency and yield returns for shareholders [11]. Group 5: Review Procedures - The board and supervisory committee approved the cash management proposal during meetings held on April 22, 2025, with the sponsor providing verification opinions [13].