昆山沪光汽车电器股份有限公司关于全资子公司使用闲置自有资金委托理财的进展公告

Core Viewpoint - The company, Kunshan Huguang Automotive Electric Co., Ltd., is utilizing idle self-owned funds from its wholly-owned subsidiary, Chongqing Huguang Automotive Electric Co., Ltd., to invest in low-risk financial products to enhance the efficiency of fund usage while ensuring operational liquidity [2][3]. Group 1: Overview of Entrusted Wealth Management - The purpose of the entrusted wealth management is to improve the efficiency of idle funds while ensuring that Chongqing Huguang has sufficient liquidity for normal operations [3]. - The company has approved a maximum amount of 50 million yuan for entrusted wealth management, which can be rolled over within 12 months from the date of shareholder approval [3]. - The total investment amount for this wealth management initiative is 110 million yuan [3][5]. Group 2: Progress and Risk Situation - Chongqing Huguang has invested 110 million yuan in wealth management products from China Communications Bank and China Merchants Bank, ensuring that the funds used are idle and do not affect operational liquidity [5][8]. - The purchased financial products are categorized as medium to low-risk, aimed at enhancing the efficiency and returns of idle funds [5][6]. Group 3: Risk Control Measures - Chongqing Huguang will adhere to prudent investment principles and operate within the approved limits, ensuring compliance with management regulations and contractual agreements [7]. - The company will continuously monitor financial market changes and assess potential risks associated with the investment products [7]. - A financial ledger will be established to manage the purchased financial products, and independent directors will have the authority to supervise fund usage [7]. Group 4: Impact on the Company - The investment in financial products is expected to improve the efficiency of idle funds and generate certain investment returns without adversely affecting the company's operations or harming the interests of shareholders [8].