Wuxi Smart Auto-control Engineering (SZ:002877) Sou Hu Cai Jing·2025-12-03 10:27Group 1 - The company has redeemed 10.2 million yuan of idle raised funds after 35 days, yielding only 5,868.49 yuan, with an annualized return of just 0.6%, significantly below conventional levels [1] - The early redemption likely indicates that the company has more urgent and important uses for the funds, such as accelerating key investments in its main business or pursuing unexpected opportunities that require immediate financial support [2] - The announcement highlights that after redemption, the company will manage cash with zero idle raised funds, suggesting a strategic shift towards investing fully in the real economy rather than short-term financial management [3] Group 2 - The decision to sacrifice short-term gains for the retrieval of funds may reflect a transition from financial conservatism to strategic aggressiveness, allowing the company to redirect resources from inefficient financial cycles to core business expansion, technology development, or market exploration [4] - The capital market should focus on the direction of fund flows rather than just the minor details of financial returns, as this move could lay the groundwork for greater enterprise value in the future [4]