Core Viewpoint - Kent Catalytic Materials Co., Ltd. is utilizing part of its temporarily idle self-owned funds for cash management, amounting to a total of RMB 40 million, to enhance the efficiency of fund usage without affecting daily operational funds and ensuring fund safety [2][5]. Cash Management Overview - The purpose of cash management is to improve the efficiency of self-owned funds while ensuring that daily operational funds are not affected and fund safety is maintained [5]. - The total investment amount for this cash management initiative is RMB 40 million [6]. - The source of funds for this cash management is from the company's temporarily idle self-owned funds [7]. Investment Products and Procedures - The types of investments include collective asset management plans and structured deposit products [3]. - The company held board and supervisory meetings on April 27, 2025, where the proposal for cash management was approved, allowing the use of up to RMB 120 million of idle self-owned funds for cash management [3][9]. Financial Impact - The cash management will not affect the development of the company's main business and is expected to enhance the efficiency of fund usage and cash asset returns, thereby improving overall company profitability [13].
肯特催化材料股份有限公司关于使用部分暂时闲置自有资金进行现金管理的进展公告