兆易创新科技集团股份有限公司关于使用A股闲置募集资金进行现金管理的公告

Core Viewpoint - The company plans to utilize idle raised funds for cash management, specifically through high-security, liquid bank financial products and structured deposits, without affecting the progress of investment projects or normal operations [2][3]. Investment Overview - The investment purpose is to maximize shareholder value by improving the efficiency of idle raised funds while ensuring that the progress of investment projects and normal operations are not impacted [3]. - The total investment amount for cash management is RMB 150 million [3]. - The source of funds is from the temporarily idle raised funds from the non-public offering of shares in 2020 [4]. Fund Usage and Management - The company raised a total of RMB 4.324 billion from a non-public offering, with a net amount of RMB 4.284 billion after deducting underwriting fees [5]. - The raised funds were initially planned for "DRAM chip R&D and industrialization projects" and to supplement working capital, with adjustments made to include new projects [6]. Investment Methodology - The cash management will involve purchasing low-risk, short-term financial products with a maximum investment period of 12 months [2][10]. - The company has established a dedicated account for managing raised funds, ensuring compliance with regulations and protecting investor interests [6]. Recent Cash Management Situation - The cash management activities are within the authorized investment limits and timeframes, with a total of RMB 150 million allocated for cash management in the last 12 months [10]. Approval Process - The board of directors and the supervisory board approved the cash management proposal on April 24, 2025, ensuring that it does not affect the company's operational needs [2][10]. Impact on the Company - The cash management is expected to enhance the efficiency of fund utilization without significantly impacting the company's main business, financial status, or cash flow [10]. - As of September 30, 2025, the company's cash and cash equivalents amounted to RMB 10.014 billion, with the cash management amount representing 1.50% of this total [10]. Opinions from Intermediaries - The underwriting institution, China International Capital Corporation, has issued a consent opinion regarding the cash management of idle raised funds [11].