OLO Home(SH:603326) Shang Hai Zheng Quan Bao·2025-11-11 19:28Core Viewpoint - The company has approved the use of idle self-owned funds for entrusted wealth management to enhance the efficiency of fund utilization and increase investment returns [2][9]. Group 1: Board Meeting Overview - The 11th meeting of the 4th Board of Directors was held on November 11, 2025, with all 7 directors present, complying with legal and regulatory requirements [1][3]. - The meeting approved the proposal to use idle self-owned funds for entrusted wealth management through a voting process [2][3]. Group 2: Investment Details - The total amount for investment is capped at RMB 60 million, which can be rolled over within the specified limit [10]. - The funds will be sourced from the company's idle self-owned funds, ensuring compliance with legal regulations [11]. - The investment will involve subscribing to risk-controlled financial products issued by financial institutions, including public funds, private funds, and asset management plans [12]. Group 3: Approval Process - The proposal was approved during the board meeting and does not require submission to the shareholders' meeting for further approval [7][13]. Group 4: Risk Management Measures - The company acknowledges potential market, liquidity, and credit risks associated with the entrusted wealth management, emphasizing a cautious investment strategy [14][16]. - Specific measures include strict adherence to investment principles, ongoing monitoring of fund operations, and oversight by independent directors and the audit committee [16]. Group 5: Impact on the Company - The use of idle self-owned funds for entrusted wealth management is designed to not adversely affect the company's main business operations, aiming to enhance fund efficiency and increase returns for the company and its shareholders [16].