Core Viewpoint - Ningbo Joywise Technology Co., Ltd. has announced the redemption of cash management products purchased with idle raised funds, ensuring compliance with the approved limits and maintaining operational integrity [2]. Group 1: Cash Management Approval - The company held meetings on November 15, 2024, and December 3, 2024, where it approved the use of up to RMB 100 million of temporarily idle raised funds for cash management, focusing on short-term investment products with high safety and liquidity, and a maturity of no more than 12 months [2]. - The authorized management can make decisions within the approved limits and timeframe, allowing for the rolling use of funds [2]. Group 2: Redemption Status - The company has redeemed cash management products that were purchased within the authorized range, with a remaining balance of RMB 45 million in idle raised funds for cash management as of the announcement date, which is within the approved limit of RMB 100 million [2].
宁波喜悦智行科技股份有限公司关于使用闲置募集资金进行现金管理到期赎回的公告