Core Viewpoint - The company, Zhejiang Bofei Electric Co., Ltd., has approved the use of idle raised funds for cash management, with a total limit of up to RMB 80 million, to enhance fund utilization efficiency and generate investment returns for the company and its shareholders [1][6]. Group 1: Cash Management Plan - The company will use a maximum of RMB 80 million of temporarily idle raised funds for cash management, with a validity period of 12 months from the board's approval date [1]. - The cash management will not affect the construction of investment projects or the normal use of raised funds [6]. Group 2: Investment Products - The company plans to purchase low-risk financial products for cash management, ensuring that the investment does not deviate from the intended use of the raised funds [2][3]. Group 3: Risk Control Measures - The company will adhere to prudent investment principles, selecting highly liquid and secure financial products [4]. - The finance department will analyze and monitor the cash management products, taking timely actions to mitigate risks [4]. - The internal audit department will supervise the use and custody of cash management funds, conducting periodic audits [4]. Group 4: Impact on Operations - The cash management plan is designed to improve fund utilization efficiency without impacting the company's main business operations [6]. - The company aims to generate additional investment returns for both itself and its shareholders through this cash management strategy [6]. Group 5: Previous Cash Management Activities - As of the announcement date, the company has a cumulative balance of RMB 80 million in idle raised funds for cash management that has not yet matured, which is within the authorized limit [7].
浙江博菲电气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进展公告