HXG(SH:603112) Shang Hai Zheng Quan Bao·2026-01-15 18:38Core Viewpoint - Shanxi Huaxiang Group Co., Ltd. plans to utilize part of its idle self-owned funds for cash management, aiming to improve fund efficiency, reduce financial costs, and increase cash asset returns, with a maximum amount of RMB 1.35 billion within a 12-month period [2][4][5]. Investment Overview - Investment Purpose: The company intends to enhance fund efficiency and reduce financial costs while ensuring sufficient working capital for normal operations [4]. - Investment Amount: The total amount for cash management will not exceed RMB 1.35 billion, and the funds can be rolled over within the decision's validity period [5]. - Source of Funds: The funds for this cash management initiative will come from the company's idle self-owned funds [6]. - Investment Method: The company will purchase investment products sold by reputable financial institutions, with strict risk control measures in place [7]. - Investment Duration: The cash management will be effective for 12 months from the date of board approval [8]. Review Procedures - The board of directors approved the cash management proposal with a unanimous vote of 9 in favor, with no opposition or abstentions, and it does not require shareholder meeting approval [9]. Impact on the Company - Utilizing idle self-owned funds for cash management is expected to improve fund efficiency and generate investment returns, ultimately benefiting the company's overall profitability and providing better returns for shareholders [12].