Core Viewpoint - The company plans to utilize temporarily idle raised funds for cash management and store the remaining raised funds in a fixed deposit manner to enhance fund efficiency and increase returns for shareholders [2][12][16]. Investment Overview - Investment Purpose: The aim is to improve the efficiency of raised fund usage while ensuring that it does not affect the implementation of investment projects and the safety of the raised funds [3]. - Investment Amount: The company plans to use up to RMB 300 million (including principal) of temporarily idle raised funds for cash management, with a usage period effective for 12 months from the board's approval [4][9]. - Source of Funds: The raised funds amount to RMB 1.168 billion from the initial public offering, with a net amount of RMB 1.071 billion after deducting issuance costs [5]. Investment Method - The company will invest in low-risk, high-liquidity products such as structured deposits, fixed deposits, and large certificates of deposit, ensuring that these funds are not used for pledging or securities investment [9][12]. Recent Cash Management Situation - The company has been actively managing cash from raised funds over the past 12 months, with specific amounts for actual investments and recoveries detailed in the report [10]. Agreement and Approval Process - The board of directors approved the cash management and fixed deposit storage of raised funds on February 9, 2026, without needing shareholder meeting approval [13][17]. Impact on the Company - The planned cash management and fixed deposit storage will not affect the normal operation of the company's main business or the progress of investment projects, while also enhancing fund efficiency and increasing returns for shareholders [16].
湖北兴福电子材料股份有限公司关于使用暂时闲置募集资金进行现金管理及以协定存款方式存放募集资金余额的公告