Shanghai Yashi(SH:603329) Xin Lang Cai Jing·2025-11-19 10:51Core Viewpoint - The company Shanghai Yashi Investment Development Co., Ltd. has approved a plan to utilize idle raised funds for cash management, aiming to enhance the efficiency of fund usage while ensuring normal operations and compliance with regulations [1][2]. Group 1: Cash Management Plan - The company will use up to 200 million yuan of idle raised funds for cash management, with an investment period of twelve months from the board's approval date [1]. - Investment products will focus on high safety and liquidity, including but not limited to seven-day notice deposits and fixed-term deposits [1]. - The funds will come from idle raised funds from a specific stock issuance in 2024, ensuring that all deposits are kept in established special accounts for raised funds [1]. Group 2: Risk Control and Compliance - The company will adhere to prudent investment principles, selecting quality investment targets and monitoring product allocation and project progress [1]. - The plan has received a no-objection opinion from the sponsor institution, confirming that it complies with relevant regulations and does not harm shareholder interests [2]. - The board has authorized the chairman and designated individuals to make investment decisions within the approved limits without needing to submit the proposal to the shareholders' meeting [2].