Hangzhou Cogeneration (SH:605011) Shang Hai Zheng Quan Bao·2026-02-27 21:18Core Viewpoint - The company is utilizing part of its temporarily idle raised funds for cash management to enhance fund efficiency and increase returns [2][3]. Group 1: Cash Management Overview - The initial amount for cash management is set at 52.0227 million yuan [2][3]. - The cash management product chosen is a time deposit, which is considered to have high safety and liquidity [2][3]. - The board approved the use of up to 100 million yuan of temporarily idle raised funds for cash management, with a one-year validity for rolling use [2][4]. Group 2: Fund Source and Usage - The funds for cash management come from temporarily idle raised funds, primarily allocated for the "Hubei Binhai Hubei Xiaochi Binhai New Area Combined Heat and Power Project (Phase I)" [4]. - The total raised funds amounted to 247.417 million yuan, with a net amount of 204.0609 million yuan after deducting issuance costs [4]. Group 3: Cash Management Period and Procedures - The cash management period is from February 28, 2026, to April 16, 2026 [6]. - The board and supervisory committee approved the cash management proposal in meetings held on April 17, 2025 [6]. Group 4: Risk Management - The company emphasizes risk control by selecting high-safety, low-risk cash management products and maintaining close contact with the product issuer [8]. - Measures include strict adherence to prudent investment principles, risk assessment by the finance department, and regular audits by the legal compliance department [8]. Group 5: Impact on the Company - The cash management will not affect the normal operation of the company's main business or the construction of the fundraising projects, while also improving fund returns [10]. - The initial cash management amount represents 7.01% of the company's latest audited cash and 2.23% of the net assets attributable to the parent company [10].