Zhejiang Rongtai(SH:603119) Shang Hai Zheng Quan Bao·2026-02-11 18:14Core Viewpoint - Zhejiang Rongtai Electric Equipment Co., Ltd. is utilizing idle raised funds for cash management to enhance fund efficiency and increase returns for the company and its shareholders [3][11]. Investment Overview - Investment Purpose: The company aims to improve the efficiency of raised funds while ensuring safety and not affecting normal operations [3]. - Investment Amount: A total of 70 million RMB is allocated for cash management [3]. - Source of Funds: The funds are sourced from the company's initial public offering, which raised a net amount of 970.05 million RMB after deducting issuance costs [4]. Investment Method - Investment Type: The company is investing in a structured deposit product, specifically a principal-protected floating income deposit [6][7]. - Investment Amount: The total investment in cash management products is 70 million RMB [6]. Risk Analysis and Control Measures - Investment Risks: While the investment is in low-risk financial products, there are still potential market volatility risks [8]. - Risk Control Measures: The company has established strict procedures for cash management, including compliance with regulatory requirements and regular monitoring of investment products [9]. Impact on the Company - Financial Indicators: The cash management will not affect the company's daily operations or the normal implementation of investment projects [11]. - Accounting Treatment: The principal of cash management will be recorded as monetary funds and trading financial assets, with interest income reflected in the profit statement [11]. Progress Disclosure - The structured deposit product purchased with idle funds has matured, with the company recovering the principal of 70 million RMB and realizing a profit of 303,200 RMB [12].