明新旭腾新材料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

Core Viewpoint - The company is utilizing part of its idle raised funds for cash management to enhance fund efficiency and shareholder returns while ensuring that it does not affect the construction of investment projects and normal operations [3][12]. Cash Management Overview - Purpose: The cash management aims to improve the efficiency of idle funds, reduce financial costs, and increase shareholder returns [3]. - Amount: The cash management amount is set at 60 million yuan [2][4]. - Source of Funds: The funds are derived from idle raised funds, with a remaining balance of 210 million yuan as of the announcement date [5]. Cash Management Method - The cash management involves investing in structured deposits from Ningbo Bank, which are low-risk and have good liquidity [5][9]. - The investment period for the structured deposit is 63 days, with the principal and returns to be returned to the designated account after maturity [7]. Approval Process - The cash management proposal was approved during the board and supervisory meetings held on April 18, 2025, and was subsequently ratified by the annual general meeting [2][9]. - The company is authorized to use up to 300 million yuan of idle raised funds for cash management within a 12-month period from the approval date [6][9]. Impact on the Company - The cash management will not affect the construction of investment projects or the use of raised funds, ensuring compliance with regulations and safeguarding shareholder interests [12][13]. - By engaging in cash management, the company aims to enhance fund utilization efficiency and generate additional returns for shareholders [13].