Xingye(SH:603928) Xin Lang Cai Jing·2026-01-06 18:32Core Viewpoint - The company, Suzhou Xingye Materials Technology Co., Ltd., has announced the use of its own funds to invest in financial products, totaling RMB 163.5 million, to enhance capital efficiency and returns while ensuring normal operational liquidity [2][10]. Investment Overview - Investment Purpose: The company aims to improve the efficiency of fund utilization and increase returns on capital while ensuring the normal operational funding needs [3]. - Investment Amount: The total amount for the entrusted financial management is RMB 163.5 million [4]. - Source of Funds: The funds for this investment come from the company's own capital [5]. - Investment Products: The company has recently used RMB 163.5 million of its own funds to purchase financial products, which are short-term cash management products [6]. - Investment Duration: The investment products will have a duration of no more than 12 months from the date of board approval [6]. Approval Process - The company held its fifth board meeting on April 28, 2025, where it approved the use of its own funds for cash management, allowing a maximum daily balance of RMB 500 million for investment [7][8]. Risk Analysis and Control Measures - The company acknowledges potential risks associated with cash management products, including market volatility and liquidity risks, and has outlined measures to mitigate these risks [8]. - Risk Control Measures: The company will select reputable financial institutions, conduct internal assessments of the products, and ensure compliance with approval procedures [8]. Impact on the Company - The company's recent financial situation indicates that the total liabilities include short-term borrowings of RMB 2.2445 million, and the investment will not affect the normal operation and liquidity of the company [10].