北京全时天地在线网络信息股份有限公司关于使用闲置自有资金进行现金管理的进展公告

Core Viewpoint - The company has approved the use of idle self-owned funds for cash management, allowing up to RMB 100 million for investment in financial products over a 12-month period, aiming to enhance fund utilization efficiency and maximize shareholder value [1]. Group 1: Cash Management Progress - The company has utilized RMB 20 million of idle self-owned funds to purchase structured deposits from CITIC Bank, which were redeemed at maturity, returning the principal of RMB 20 million along with a financial gain of RMB 79,584.66 [2]. Group 2: Investment Risk Analysis and Control Measures - The company acknowledges potential investment risks due to market volatility influenced by macroeconomic conditions and plans to intervene appropriately to safeguard fund security [3]. - To mitigate investment risks, the company will adhere to prudent investment principles, conduct thorough research on financial products, and select reputable issuers with strong operational capabilities [4]. - The finance department will continuously monitor the net value changes of the products and take necessary actions if risks affecting fund security or profitability are identified [4]. - The internal audit department will oversee the usage and custody of cash management products, while independent directors and the audit committee will have the authority to supervise fund usage and may engage professional firms for audits if necessary [5]. Group 3: Impact on Company Operations - The use of idle self-owned funds for cash management will not affect the normal operational funding needs of the company and its subsidiaries, while effectively improving fund utilization efficiency and providing better investment returns for the company and its shareholders [6]. Group 4: Historical Cash Management Usage - As of the announcement date, the company has a total of RMB 30 million in outstanding investments in financial products over the past 12 months, which remains within the authorized limit set by the board [6].