YONGDONG(SZ:002753) Shang Hai Zheng Quan Bao·2026-01-23 20:46Core Viewpoint - The company has approved the use of up to 200 million RMB of idle raised funds for cash management, specifically to purchase principal-protected cash management products, ensuring that normal operations are not affected [1][2]. Group 1: Cash Management Product Purchase - The company has recently purchased cash management products using part of its idle raised funds [2]. - The approval for using idle funds for cash management was granted during the sixth board's audit committee meeting and the first extraordinary shareholders' meeting of 2026 [2]. Group 2: Approval Process - The decision to use idle funds for cash management was reviewed and approved by the board and the sponsor institution provided a verification opinion [2]. - The amount and duration of the cash management products purchased are within the approved limits, eliminating the need for further board or shareholder approval [2]. Group 3: Risk Management - The company has established a risk control framework, including authorizing the chairman to make investment decisions and the finance director to oversee implementation [5]. - The finance department is responsible for analyzing and monitoring the investment's progress and will take protective measures if risks to fund safety are identified [6]. Group 4: Impact on Daily Operations - The cash management initiative is designed to enhance fund utilization efficiency and improve overall company performance without affecting daily operational needs or core business activities [5]. - The company has not utilized idle raised funds for cash management in the twelve months prior to this announcement [7].