JHT(SH:603061) Shang Hai Zheng Quan Bao·2026-02-03 18:49Core Viewpoint - The company plans to utilize idle raised funds for cash management to enhance fund efficiency and increase returns for the company and its shareholders, while ensuring that it does not affect the construction of investment projects and maintains fund safety [3][16]. Investment Overview - Investment Purpose: To improve the efficiency of raised fund usage without impacting project construction and ensuring fund safety [3]. - Investment Amount: The company will use up to RMB 220 million (including principal) for cash management, effective for 12 months from the board's approval [2][3]. - Fund Source: The raised funds were obtained from a public offering of 15 million shares at RMB 58.58 per share, totaling RMB 878.7 million, with a net amount of RMB 746.81 million after deducting issuance costs [4]. Investment Method - Investment Types: The company will invest in high-security, liquid, principal-protected products with a maximum term of 12 months, including structured deposits, time deposits, and large certificates of deposit [7]. - Implementation: The board authorizes the chairman or designated individuals to manage cash management activities within the approved limits [8]. - Profit Distribution: Earnings from cash management will belong to the company and will be returned to the special account after maturity [9]. Review Procedures - The cash management plan has been approved by the company's board and audit committee, and does not require shareholder approval [12][17]. Impact on the Company - The cash management of idle funds will not affect the ongoing investment projects and will enhance fund usage efficiency, thereby increasing returns for the company and shareholders [16].