福建省青山纸业股份有限公司 关于理财产品到期赎回并拟继续使用部分闲置 募集资金进行现金管理的公告

Core Viewpoint - The company plans to utilize part of its idle raised funds for cash management, aiming to enhance the efficiency of fund usage and increase overall company performance, thereby providing better returns for shareholders [2][5]. Group 1: Investment Management - The company has received approval from its board and shareholders to use up to 600 million yuan of temporarily idle raised funds for cash management within one year from the date of approval [1][6]. - The total amount planned for cash management is estimated at 110 million yuan, which will be invested in low-risk financial products [2][3]. - The cash management products will include structured deposits with a maturity of 304 days from the Bank of Communications [3][4]. Group 2: Fund Sources and Usage - The funds for cash management will come from the company's idle raised funds, which were originally raised through a non-public offering of shares totaling approximately 2.1 billion yuan, netting about 2.05 billion yuan after expenses [3][5]. - The company has previously suspended its original fundraising project and redirected the remaining funds towards new projects, ensuring that the cash management does not affect the investment progress of the fundraising projects [5][6]. Group 3: Risk Management - The cash management strategy is designed to be low-risk, but it acknowledges potential market, liquidity, and credit risks that could affect the returns on the financial products [7][9]. - The company will implement strict risk assessment measures, including selecting reputable financial products and monitoring their performance to ensure compliance with investment plans [9]. Group 4: Impact on Company Performance - The decision to invest in low-risk bank financial products is expected to improve the efficiency of idle funds, increase company revenue, and enhance overall performance, ultimately benefiting shareholders [9]. - The purchased financial products will be classified as "trading financial assets" on the balance sheet in accordance with accounting standards [9].