Core Viewpoint - Zhejiang Yingtai Technology Co., Ltd. plans to utilize idle self-owned funds for cash management, with a total amount not exceeding 600 million RMB, to enhance fund efficiency and shareholder returns [1][2]. Cash Management Plan Key Points - The cash management will prioritize "safety and stability, liquidity first," mainly investing in low-risk financial products, including structured deposits, low-risk bank wealth management products, securities company income certificates, government bond reverse repos, and low-risk asset management products [2]. - The investment amount is capped at 600 million RMB, using idle self-owned funds, with a validity period of 12 months from the approval date by the shareholders' meeting [2]. - The board of directors will authorize management to make decisions within the limit, with the finance department responsible for implementation, and progress will be disclosed as per regulatory requirements [2]. Risk Control and Fund Security - The company has established multiple risk control measures despite focusing on low-risk products, including: 1. Dynamic monitoring mechanism to track product allocation and project progress [2]. 2. Term matching management to ensure liquidity based on operational funding plans [2]. 3. Internal audit supervision with regular checks on investment projects [2]. 4. Risk warning mechanism to prepare for market fluctuations and policy changes [2]. Impact on Company Operations - The cash management will not affect the normal operation of the main business and is expected to preserve and increase the value of idle funds [3]. - The investment amount represents a certain percentage of the latest audited net assets, ensuring safety and reasonableness in fund usage [3]. Review Procedures and Institutional Opinions - The proposal has been approved by the Audit Committee and the Board of Directors, with independent directors expressing agreement [4]. - The sponsor, Zheshang Securities, noted that the decision-making process for cash management is compliant and will enhance fund efficiency without harming shareholder interests [4]. Next Steps - The company will promptly convene a temporary shareholders' meeting to review the proposal, with relevant progress to be disclosed in a timely manner [5].
英特科技拟斥资6亿元闲置自有资金进行现金管理 提升资金使用效率