Yuehai Feeds Group(SZ:001313) Xin Lang Cai Jing·2025-11-28 17:57Core Viewpoint - Guangdong Yuehai Feed Group Co., Ltd. plans to utilize up to 1 billion yuan of idle self-owned funds for low-risk cash management products to enhance fund utilization efficiency, pending shareholder approval [1][4]. Cash Management Plan Key Points - The cash management will utilize idle self-owned funds from the company and its subsidiaries, with a maximum limit of 1 billion yuan, effective for 12 months post shareholder approval, allowing for rolling use [2]. - Investment products will have a maximum term of 12 months and include various low-risk options such as agreed deposits, notice deposits, fixed-term deposits, structured deposits, large certificates of deposit, and wealth management products, excluding stocks and high-risk securities [2]. Risk Control and Yield Balance - Although cash management products are low-risk, the company acknowledges potential market fluctuations and operational risks, implementing multiple risk control measures including strict product selection, investment tracking, and regular audits [3]. - The cash management initiative aims to preserve and increase asset value without affecting normal operations, thereby enhancing overall yield [3]. Review Process and Follow-up Arrangements - The proposal has been approved by the board and will be submitted to the shareholders' meeting for final approval, with operations expected to commence within the 12-month validity period [4]. - The initiative aligns with the company's strategic plan for prudent operations and is expected to generate stable investment returns, reflecting the company's strong cash flow position [4].