浙江振石新材料股份有限公司关于开立募集资金现金管理产品专用结算账户的公告

Core Viewpoint - Zhejiang Zhenstone New Materials Co., Ltd. has approved the use of idle raised funds for cash management, allowing up to RMB 900 million to be invested in safe and liquid wealth management products, ensuring the normal operation of investment projects and the safety of raised funds [1][5]. Group 1: Cash Management Account - The company has opened a dedicated settlement account for cash management products at the Bank of China Tongxiang Branch to manage idle raised funds [2]. - The account will only be used for the settlement of temporarily idle raised funds and will not be used for non-raised funds or other purposes [2]. Group 2: Risk Control Measures - The company will establish a sound approval and execution process for cash management, separating decision-making, execution, and supervision to ensure fund safety [3]. - Investments will adhere to prudent investment principles, focusing on high-security, liquid, and capital-protected wealth management products, which will not be used for pledging or securities investment purposes [3]. - The finance department will analyze and track the investment direction and project progress, taking timely measures to mitigate risks if any potential threats to fund safety are identified [3]. Group 3: Impact on Operations - The use of idle raised funds for cash management will not affect the company's daily operations or the normal implementation of investment projects, ensuring no harm to the interests of the company and its shareholders [5]. - This initiative aims to improve the efficiency of raised fund utilization and increase fund returns, aligning with the interests of the company and all shareholders [5].