JSCQ(SH:688182) Shang Hai Zheng Quan Bao·2025-12-03 18:59Group 1 - The company held its third board meeting on December 2, 2025, with all seven directors present, ensuring compliance with legal and regulatory requirements [2][4][5] - The board approved the proposal to use up to RMB 90 million of temporarily idle self-owned funds for cash management, aimed at improving fund efficiency and increasing returns for shareholders [3][12][18] - The board also approved a proposal for the company and its subsidiaries to apply for a comprehensive credit limit of up to RMB 90 million from banks, valid for twelve months [6][7][8] Group 2 - The cash management will involve purchasing low-risk, high-liquidity financial products, including structured deposits, agreement deposits, and government bond reverse repos, among others [12][16] - The investment period for the cash management is effective for twelve months from the board's approval date, allowing for rolling use of funds within the approved limit [17][18] - The company will ensure that the cash management does not affect its main business operations and will implement risk control measures, including regular audits and oversight by independent directors [22][21]