Tianneng Battery (SH:688819) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-01-08 23:02Core Viewpoint - The company plans to utilize a maximum of RMB 12 billion of temporarily idle self-owned funds for entrusted wealth management, aiming to enhance fund efficiency and increase returns for the company and its shareholders while ensuring the safety of the funds and not affecting daily operations [1][7]. Investment Overview - Investment Purpose: The objective is to improve the efficiency of self-owned funds and increase company returns without impacting daily operational funding needs [3]. - Investment Amount: The company intends to use up to RMB 12 billion for low to medium-risk financial products, including but not limited to bond investments and money market funds, within a 12-month period [3][6]. - Source of Funds: The funds will come from temporarily idle self-owned capital [3]. Investment Method - Investment Products: The company will select low to medium-risk financial products with high safety and liquidity, including bonds and entrusted wealth management products from qualified financial institutions [4][5]. - Decision Authority: The board has authorized the chairman to make investment decisions within the specified limits and timeframe [5]. Risk Analysis and Control Measures - Investment Risks: The company acknowledges that financial markets are influenced by macroeconomic factors, which may affect investment outcomes [8][28]. - Risk Control Measures: The company will adhere to relevant regulations and establish a robust approval and execution process for wealth management investments, ensuring compliance and timely risk assessment [9][29]. Impact on the Company - The planned use of idle funds for wealth management is expected to enhance fund efficiency and increase returns without adversely affecting the company's daily operations or main business activities [10][30].