杭州热威电热科技股份有限公司关于全资子公司增资完成工商变更登记并换发营业执照的公告

Group 1 - The company has completed the capital increase for its wholly-owned subsidiary, Jiangshan Rewei Electric Heating Technology Co., Ltd., with a total investment of 70 million RMB, of which 3.289 million RMB is allocated to registered capital and the remaining 66.71 million RMB to capital reserves [1][2] - After the capital increase, Jiangshan Rewei's registered capital has increased from 51.71 million RMB to 55 million RMB, while its ownership structure remains unchanged as a wholly-owned subsidiary of the company [2] - The company has also announced the redemption of 20 million RMB from temporarily idle raised funds, which were used for cash management, with the principal returned to the fundraising account [5] Group 2 - The company has authorized the use of up to 390 million RMB of temporarily idle raised funds for cash management, including 18.8938 million RMB of over-raised funds, to purchase low-risk, high-liquidity investment products [5] - The cash management authorization is valid for 12 months from the date of board approval, allowing for rolling use within this period [5] - The company has redeemed 20 million RMB from a time deposit product with Ningbo Tongshang Bank, with no interest income reported from this redemption [5]