DHPI(SH:603856) Shang Hai Zheng Quan Bao·2026-01-12 18:14Core Viewpoint - The company, Shandong Donghong Pipe Industry Co., Ltd., has announced the use of idle raised funds for cash management, specifically investing in structured deposits amounting to RMB 30 million, while ensuring that this does not affect the implementation of its fundraising projects [1][3]. Investment Overview - Investment Purpose: The aim is to enhance the efficiency and returns of idle raised funds while ensuring the normal implementation of fundraising project investment plans [3]. - Investment Amount: The total amount for cash management is RMB 30 million [4]. - Source of Funds: The funds are sourced from temporarily idle raised funds [5]. - Fundraising Background: The company was approved to issue 25,641,460 shares at a price of RMB 9.78 per share, raising a total of approximately RMB 250.77 million, with a net amount of about RMB 245.96 million after expenses [6][7]. Investment Method - Investment Type: The company will invest in high-security, liquid principal-protected investment products, including but not limited to structured deposits, time deposits, large certificates of deposit, notice deposits, and bank or brokerage wealth management products [3][8]. - Investment Duration: The investment period is from January 12, 2026, to July 15, 2026, totaling 184 days [8]. Recent Cash Management Situation - The cash management activities are within the authorized investment limits and duration, with a maximum investment period of 12 months [9]. Approval Process - The board of directors approved the cash management proposal on December 24, 2025, ensuring that the investment does not affect the normal operation of fundraising projects [9]. Impact on the Company - The use of idle raised funds for cash management is not expected to impact the implementation of fundraising projects or the company's future main business, financial status, operating results, and cash flow significantly. This approach aims to improve fund utilization efficiency and generate additional investment returns for the company and its shareholders [12].