DORIGHT(SZ:300950) Shang Hai Zheng Quan Bao·2025-12-02 18:13Core Viewpoint - Qingdao Degute Energy Saving Equipment Co., Ltd. has approved the use of idle raised funds for cash management, with a limit of up to RMB 30 million, ensuring that it does not affect the construction of investment projects or the company's normal operations [1][2]. Group 1: Basic Situation of Cash Management - The company has decided to use part of the idle raised funds for cash management, with a maximum amount of RMB 30 million, effective for 12 months from the board's approval date [1]. - The funds can be used in a rolling manner within the specified limit and timeframe [1]. Group 2: Impact on the Company - The use of idle funds for cash management is aimed at enhancing fund utilization efficiency and generating returns for the company and its shareholders, without impacting the ongoing projects [2]. Group 3: Investment Risk and Control Measures - The company acknowledges potential investment risks due to market fluctuations and will adjust its investment strategy based on economic conditions [3][4]. - Strict selection criteria for investment products will be applied, focusing on reputable and financially stable entities [5]. - Continuous monitoring of investment product performance will be conducted, with measures taken to mitigate risks if necessary [5]. - The independent directors and the board's audit committee will oversee the fund usage, with the option to hire professional auditors if needed [5]. Group 4: Approval Procedures - The cash management proposal has been approved by the company's board and supervisory committee, with no need for further board review as it falls within the approved limits [6]. Group 5: Previous Cash Management Activities - As of the announcement date, the company has utilized a total of RMB 15 million in idle funds for cash management over the past twelve months, which is within the authorized limit [6].