TES(SZ:003019) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-26 04:30Core Viewpoint - The company plans to utilize up to RMB 5.5 billion of its idle self-owned funds to invest in high-safety, high-liquidity financial products to enhance fund efficiency and increase returns [4][5][14]. Investment Details - Investment Type: The investment will focus on financial products issued by commercial banks and other financial institutions that have high safety and liquidity [2][6]. - Investment Amount and Source: The total investment amount will not exceed RMB 5.5 billion, sourced from the company's own funds [3][7]. - Investment Duration: The investment products will have a maximum duration of 12 months, with the specific duration determined by the actual products purchased [5][8]. Risk Management - Risk Control Measures: The company will adhere to prudent investment principles, selecting reputable financial institutions and ensuring strict evaluation and screening of financial products [12][13]. - Monitoring and Auditing: The finance department will analyze and track the investment products, while the internal audit department will supervise and report to the board's audit committee [12][13]. Impact on Operations - The investment in financial products will not affect the company's normal operations or cash flow needs, and is expected to improve fund efficiency and yield additional returns for the company and its shareholders [14]. Approval Process - The investment proposal was approved during the third board meeting and the supervisory board meeting held on November 25, 2025, and does not require further shareholder approval as it does not constitute a related party transaction [15].