Original(SH:603991) Shang Hai Zheng Quan Bao·2025-12-26 21:31Group 1 - The company held its 25th meeting of the 4th Board of Directors on December 26, 2025, with all 9 directors present, and the meeting was deemed legal and effective [2][4] - The Board approved the proposal to use raised funds to replace pre-invested self-raised funds amounting to RMB 80,693.59 million, which complies with regulations regarding the timing of fund replacement [3][8][12] - The Board also approved the temporary use of up to RMB 3,000 million of idle raised funds to supplement working capital for business-related activities, with a usage period not exceeding 12 months [5][34][38] Group 2 - The company plans to use up to RMB 2,000 million of temporarily idle raised funds for cash management, ensuring it does not affect the normal operation of the raised funds [6][15][18] - The cash management will involve high-security, liquid investment products, and the funds will be managed within a 12-month period [21][22][27] - The independent financial advisor confirmed that the cash management plan complies with relevant regulations and will not affect the company's investment projects or shareholder interests [32][39]