Core Viewpoint - The company announced a non-public stock issuance that raised 1.061 billion yuan, with a net amount of 1.038 billion yuan after expenses [1] Fund Utilization - By 2025, the company has utilized 905 million yuan of the raised funds, leaving 172 million yuan unutilized or reserved [1] - The company previously agreed to use up to 310 million yuan of idle funds for cash management as of January 2025 [1] Board Meeting Resolution - On December 22, 2025, the company's fourth board meeting approved a proposal to use up to 172 million yuan of idle raised funds for cash management, with a duration of 12 months and the possibility of rolling use [1] - The funds will be used to purchase principal-protected products, and the sponsoring institution believes this matter is compliant and in the interest of the company and all shareholders [1]
掌阅科技:拟使用不超1.72亿元闲置募集资金进行现金管理