IReader Technology(SH:603533) Shang Hai Zheng Quan Bao·2025-12-25 18:20Core Viewpoint - The company is utilizing part of its idle raised funds for cash management to improve efficiency and generate returns while ensuring that it does not affect the ongoing investment projects funded by these raised funds [3][8]. Investment Overview - Investment Purpose: The company aims to enhance the efficiency of idle raised funds and ensure that cash management does not impact the construction of investment projects [3]. - Investment Amount: As of December 24, 2025, the balance in the raised funds account is 153.96 million yuan, with 140 million yuan invested in structured deposits at Shanghai Pudong Development Bank [2][4]. - Funding Source: The raised funds were obtained through a non-public offering of 37,896,835 shares at a price of 28.00 yuan per share, totaling approximately 1.06 billion yuan after deducting issuance costs [4]. Investment Method - The company has approved the use of up to 172 million yuan of idle raised funds for cash management, with a rolling usage period of 12 months from the board's approval date [2][5]. Impact on the Company - The investment in cash management products is designed to ensure the normal operation of the company's investment projects and improve the efficiency of fund usage, thereby generating additional investment income [8]. - The cash management products will be accounted for under various financial categories as per new accounting standards [8].