Youon(SH:603776) Shang Hai Zheng Quan Bao·2026-01-08 18:18Core Viewpoint - The company is utilizing part of its idle raised funds for cash management through structured deposits, aiming to enhance the efficiency of fund usage and maximize shareholder returns [2][3][12]. Group 1: Cash Management Overview - Cash management purpose is to improve the efficiency of idle raised funds while ensuring the normal implementation of investment projects and the safety of the raised funds [3]. - The total amount for cash management is set at 200 million yuan [4]. - The source of funds is temporarily idle raised funds from a previous bond issuance [5]. Group 2: Fundraising Details - The company has issued 8,864,800 convertible bonds with a face value of 100 yuan each, raising a total of approximately 886.48 million yuan, with a net amount of about 870 million yuan after deducting related fees [6]. Group 3: Investment Strategy - The investment will be made in bank wealth management products that are high in safety and liquidity, ensuring no change in the purpose of the raised funds and no impact on the normal operation of investment projects [8][12]. - The investment period for the wealth management products will not exceed 12 months [9]. Group 4: Approval Process - The cash management proposal was approved during the fifth board meeting and the fourth supervisory board meeting held on August 27, 2025, allowing the use of up to 400 million yuan of idle raised funds and 600 million yuan of self-owned funds [10]. Group 5: Financial Impact - The amount of 200 million yuan for cash management represents 38.89% of the company's cash balance as of September 30, 2025, which is approximately 514.29 million yuan [12]. - The company aims to achieve certain investment returns through short-term wealth management of idle raised funds without affecting its main business or financial status [12].