浙江众鑫环保科技集团股份有限公司关于使用部分闲置募集资金进行现金管理的公告

Core Viewpoint - The company, Zhejiang Zhongxin Environmental Technology Group Co., Ltd., has announced the use of part of its idle raised funds for cash management, specifically through structured deposits, to enhance the efficiency of fund utilization and increase returns for the company and its shareholders [2][4]. Investment Overview - Investment Purpose: The company aims to improve the efficiency of its raised funds without affecting project construction or normal operations, thereby increasing returns for shareholders [4]. - Investment Amount: The total amount proposed for investment is RMB 100 million [5]. - Source of Funds: The funds for cash management come from temporarily idle raised funds from the company's initial public offering [6][8]. Fundraising Details - Fundraising Situation: The company raised a total of RMB 677.33 million through the issuance of 25,559,700 shares at RMB 26.50 per share, with a net amount of RMB 570.75 million after deducting related expenses [8]. - Management of Raised Funds: The company has established a special account for the management of raised funds to protect investor rights [8]. Investment Method - The company will purchase structured deposit products from Hangzhou Bank with a principal amount of RMB 100 million, with a term of 28 days and a maturity date of December 31, 2025 [9]. Recent Cash Management Situation - The company has been actively managing its raised funds, with the current cash management products falling within the authorized investment limits and terms [10]. Risk Control Measures - The company has established a robust approval and execution process for cash management, ensuring the safety of funds and compliance with prudent investment principles [13]. Impact on the Company - The cash management initiative is expected to enhance the efficiency of fund utilization and increase overall returns without affecting the company's main business or financial status [14]. Intermediary Opinions - The sponsoring institution has confirmed that the cash management initiative complies with relevant regulations and does not harm the interests of the company or its shareholders [15][16]. Progress Disclosure - The company recently redeemed a previous cash management product, recovering the principal of RMB 100 million and earning a return of RMB 42,191.78 [17].