HCSC(SH:600378) Shang Hai Zheng Quan Bao·2026-01-12 18:14Core Viewpoint - The company plans to continue using part of its idle raised funds for cash management and to store the remaining raised funds in a time deposit manner, ensuring that these actions do not affect the progress of investment projects or the company's normal operations [3][13]. Fundraising Basic Situation - The company raised a total of RMB 4,499,999,977.60 by issuing 181,451,612 shares at RMB 24.80 per share, with a net amount of RMB 4,496,949,561.34 after deducting issuance costs [2]. Cash Management Plan - The company aims to improve the efficiency of fund usage and increase financial returns by using idle raised funds for cash management, while ensuring that it does not impact the construction progress of investment projects [3][10]. - The company plans to invest in low-risk, highly liquid cash management products with a maturity of no more than 12 months, including fixed deposits and large certificates of deposit [4]. - The maximum amount for cash management is set at RMB 1.9 billion, with a validity period of 12 months from the board's approval [5]. Implementation and Oversight - The board authorizes the management to make investment decisions within the specified limits and to sign relevant documents, ensuring compliance with regulatory requirements [6][9]. - The company will manage the income from cash management strictly according to regulatory guidelines [8]. Impact on Daily Operations - The use of idle funds for cash management is expected to enhance fund efficiency and shareholder returns without affecting the company's normal operations or investment project progress [10][15]. Independent Financial Advisor's Opinion - The independent financial advisor confirms that the company's actions regarding cash management and time deposits do not affect the normal progress of investment projects and comply with relevant regulations [17].