广东粤海饲料集团股份有限公司关于使用部分闲置自有资金进行现金管理的进展公告

Core Viewpoint - The company has announced the progress of using part of its idle self-owned funds for cash management, with a maximum amount of RMB 1 billion allocated for low-risk financial products [2]. Group 1: Cash Management Plan - The company and its subsidiaries have been authorized to use up to RMB 1 billion of temporarily idle self-owned funds to purchase low-risk, high-security, and liquid cash management products from financial institutions [2]. - The cash management products include but are not limited to time deposits, structured deposits, agreement deposits, and wealth management products, with a validity period of 12 months from the date of shareholder approval [2]. Group 2: Progress of Cash Management - Recently, the company has utilized part of its idle self-owned funds for cash management, with specific details provided in the announcement [2]. Group 3: Financial Impact - The company emphasizes that the cash management activities will not affect the normal operations of its main business and will enhance the efficiency of fund utilization, thereby providing additional returns for the company and its shareholders [5]. Group 4: Historical Usage - As of the announcement date, the company has cumulatively used RMB 350 million of idle self-owned funds for cash management, which is within the authorized limit of RMB 1 billion [5].