Core Viewpoint - The company is utilizing idle self-owned funds for entrusted wealth management, with a total amount of up to RMB 80 million approved for investment in various financial products, ensuring normal operational liquidity while aiming to enhance capital efficiency and returns for shareholders [3][6]. Group 1: Basic Situation of Entrusted Wealth Management - The company held board meetings on April 24, 2025, and a shareholder meeting on May 21, 2025, to approve the use of idle self-owned funds for cash management, with a maximum amount of RMB 80 million [3]. - The investment scope includes purchasing wealth management products, trust products, bonds, financial derivatives, and participating in asset management plans, with individual product terms not exceeding one year [3]. Group 2: Progress and Risk Situation of Entrusted Wealth Management - As of the announcement date, the company has rolled over RMB 26 million in idle funds to purchase wealth management products from reputable institutions, including CITIC Securities, Shanghai Pudong Development Bank, and others [5]. - The total amount of entrusted wealth management as of the announcement date is RMB 26 million, accounting for 9.99% of the company's latest audited net assets of RMB 260.14 million [6]. Group 3: Impact on the Company and Risk Control Measures - The use of idle funds for entrusted wealth management will not significantly impact the company's main business, financial status, or cash flow, as it is conducted under the premise of ensuring daily operational funding needs [6]. - The company implements strict screening of issuers, ensuring they have legal operating qualifications and strong financial security capabilities, with a maximum product term of one year [6][7]. - The finance department is responsible for internal supervision of the use and custody of funds, maintaining a ledger for management and ensuring proper accounting [7].
江苏武进不锈股份有限公司关于使用闲置自有资金进行委托理财进展的公告