Core Viewpoint - The company plans to utilize up to RMB 700 million of idle raised funds for cash management to enhance fund efficiency while ensuring that it does not affect the ongoing investment projects [1][5][9] Fundraising Basic Situation - The company raised a total of RMB 2.9 billion from its initial public offering (IPO) by issuing 50 million shares at RMB 58 each, with a net amount of RMB 2.6838 billion after deducting issuance costs of RMB 216.1966 million [1][2] - The funds were deposited into a designated account on August 1, 2022, and verified by Tianjian Accounting Firm [1] Fund Investment Project Situation - The total investment for the integrated circuit high-performance wafer-level testing equipment upgrade project is RMB 955.5731 million, with the entire amount planned to be funded from the raised funds [2] - An adjustment was made to increase the investment in two projects using an additional RMB 200 million from the over-raised funds, bringing the total investment to RMB 1.1555731 billion [2] Previous Cash Management - The company previously approved the use of up to RMB 800 million of idle funds for cash management, focusing on low-risk, high-liquidity financial products with a maximum investment period of 12 months [3][4] Current Cash Management Plan - The company intends to use up to RMB 700 million of idle funds for cash management, with a validity period of 12 months from the board's approval [5] - The investment will focus on low-risk financial products such as time deposits, structured deposits, and large certificates of deposit [5] Decision-Making Process - The board and supervisory committee have approved the cash management plan, emphasizing that it will not affect the normal operation of investment projects and will enhance fund efficiency [7][9] - The sponsor institution has confirmed that the cash management plan complies with relevant regulations and does not conflict with the investment project [9]

Core Viewpoint - The company intends to increase the limit for using temporarily idle raised funds for cash management from RMB 200 million to RMB 250 million, ensuring that this does not affect the construction of fundraising investment projects and normal operations [4][10][11] Summary by Sections Fundraising Basic Information - The company raised a total of RMB 709,999,981.08 through the issuance of 16,888,677 shares at a price of RMB 42.04 per share, after deducting underwriting and other issuance costs [1] Previous Use of Idle Funds - As of June 30, 2025, the company had invested RMB 52,924.15 million in the lithium niobate high-speed modulator chip R&D and industrialization project, with remaining idle funds from the 2020 fundraising of RMB 21,349.36 million [3][5] Current Proposal for Cash Management - The company held meetings on March 28, 2025, and August 15, 2025, to approve the increase in cash management limits for temporarily idle funds, allowing for investment in bank structured deposits with a maximum term of 12 months [4][6][10] Investment Risk and Control Measures - The company will select high-safety, high-liquidity investment products with a capital preservation agreement, ensuring that the investment does not exceed 12 months [8][9] Impact on the Company - The use of idle funds for cash management is expected to enhance fund utilization efficiency and generate returns for the company and its shareholders without affecting the normal operation of fundraising projects [5][10][11] Approval Procedures - The increase in cash management limits has been approved by the board and does not require shareholder meeting approval, complying with relevant regulations [10][11]

Meeting Overview - The fourth board meeting of Zhuhai Guoku Technology Co., Ltd. was held on August 15, 2025, with all 9 directors present, ensuring compliance with relevant laws and regulations [1] - The meeting was chaired by Chairwoman Guo Jin, and the agenda was communicated to all directors in advance [1] Resolutions Passed - The board approved the 2025 semi-annual report and its summary, which were reviewed by the audit committee and agreed upon by the supervisory board [1] - The special report on the use of raised funds for the first half of 2025 was also approved, confirming compliance with relevant usage regulations [2] Fund Management Decision - The company agreed to increase the temporary idle fund management limit from RMB 200 million to RMB 250 million for purchasing safe, liquid, and principal-protected bank structured deposits, with a maximum investment term of 12 months [3] - This decision was made to ensure that ongoing projects, such as the lithium niobate high-speed modulator chip R&D and the Thailand production base project, are not affected [3] - The investment decision authority was delegated to the general manager within the specified limit, with the finance officer responsible for executing related matters [3]

Core Viewpoint - Nanjing Pharmaceutical Co., Ltd. has approved the use of up to 700 million yuan of temporarily idle raised funds for cash management, focusing on low-risk, high-liquidity principal-protected financial products [1] Group 1: Cash Management Implementation - On February 7, 2025, the subsidiary Nanjing Pharmaceutical Kangjie Logistics Co., Ltd. purchased a structured deposit product from Ping An Bank amounting to 142 million yuan, which is 100% principal-protected and linked to exchange rates [2] - The company began redeeming portions of the financial products starting March 19, 2025, recovering 2 million yuan in principal and earning 6,600 yuan in interest, which was returned to the dedicated fundraising account [2] - By April 21, 2025, the company redeemed an additional 3 million yuan, earning 69,808 yuan in interest, and by May 20, 2025, it redeemed 53 million yuan with an interest of 80,000 yuan [3] - As of August 14, 2025, the company redeemed 1 million yuan, earning 2.73 yuan in interest, totaling 61 million yuan redeemed and 149,896 yuan in interest earned to date [4] Group 2: Financial Management Overview - The company has been actively managing its idle raised funds over the past twelve months, focusing on ensuring liquidity and safety in its investments [5]

Core Viewpoint - The company plans to use up to RMB 600 million of temporarily idle raised funds for cash management, focusing on high-security and liquid investment products, without affecting the normal operation of fundraising projects [2][3][12]. Group 1: Cash Management Overview - The purpose of cash management is to enhance the efficiency of fund usage and increase company revenue while ensuring that it does not impact the construction of fundraising projects [3]. - The decision allows for a maximum of RMB 600 million to be used for cash management, with a validity period of 12 months from the board's approval [4][12]. - The funds will be used to purchase safe and liquid financial products, including but not limited to structured deposits and large certificates of deposit, with a maximum investment period of 12 months [8]. Group 2: Fund Source and Investment Projects - The company raised a total of RMB 1.589 billion from its initial public offering, with a net amount of RMB 1.436 billion after deducting issuance costs [6]. - The raised funds are managed in a dedicated account, and the company has adhered to relevant regulations regarding the management of these funds [6][7]. Group 3: Implementation and Oversight - The board of directors has authorized the chairman to make investment decisions and sign relevant contracts, with the finance department responsible for implementation [9]. - The company will prioritize using the returns from cash management to supplement any shortfalls in investment amounts for fundraising projects and for daily operational liquidity [10]. Group 4: Regulatory Compliance and Opinions - The cash management plan has been approved by both the board and the supervisory board, complying with relevant regulations and ensuring no change in the purpose of the raised funds [18][21]. - The sponsor, CITIC Securities, has expressed no objections to the cash management plan, confirming that it meets all necessary legal and regulatory requirements [19].

Group 1 - The core viewpoint of the article is that Shanghai Hehui Optoelectronics Co., Ltd. plans to use part of its temporarily idle raised funds for cash management to enhance fund efficiency and ensure shareholder interests [1][6][7] - The company raised a net amount of approximately RMB 8.00 billion from its initial public offering, with a total of 3,083,660,725 shares issued at a price of RMB 2.65 per share [1][2] - As of June 30, 2025, the remaining balance of the raised funds is RMB 1.60 billion, which includes a net interest income of RMB 229.28 million [2][3] Group 2 - The company intends to use up to RMB 300 million of the temporarily idle raised funds for cash management within a period of 12 months from the board's approval [3][6] - The cash management will focus on low-risk, high-liquidity investment products, such as structured deposits and guaranteed principal investments, issued by reputable banks [3][5] - The board of directors has authorized the chairman to make investment decisions within the approved limits, with the finance department responsible for implementation [3][5] Group 3 - The company will ensure that the cash management does not affect the normal operation of the fundraising projects and will prioritize using the income from cash management to cover any shortfalls in project investments [4][6] - The supervisory board has agreed that the cash management plan complies with relevant laws and regulations and does not conflict with the fundraising project's implementation [6][7] - The sponsor institution has confirmed that the cash management plan adheres to regulatory requirements and will not harm shareholder interests [7]

Core Viewpoint - The company plans to utilize part of its idle raised funds for cash management and to store the remaining funds in agreed deposits, aiming to enhance the efficiency of fund usage and increase returns for the company and its shareholders [1][9]. Fundraising Overview - The company was approved to issue no more than 270,863,302 shares, raising a total of RMB 3,764,999,897.80, with a net amount of RMB 3,720,704,715.84 after deducting related expenses [1]. - The funds have been verified by an accounting firm, confirming their availability [1]. Fund Management and Investment Projects - The company has signed a fund supervision agreement with banks and the sponsor to ensure strict management and usage of the raised funds [2]. - Adjustments have been made to the implementation of fundraising projects based on strategic planning and operational conditions, with a summary of fund usage provided [2]. Cash Management Plan - The company intends to use up to RMB 30,000.00 million of idle funds for cash management, with a usage period not exceeding 12 months [6]. - Investment products will be carefully evaluated, focusing on high safety and liquidity, including guaranteed financial products and fixed deposits [6]. Agreement on Fund Storage - The remaining funds will be stored in agreed deposits to improve efficiency and increase returns, with adjustments made based on the investment plan and fund usage [8]. - The decision to manage idle funds and store remaining funds has been approved by the board of directors [7][9]. Sponsor's Verification Opinion - The sponsor has confirmed that the company's actions comply with relevant regulations and do not alter the intended use of the raised funds, ensuring the normal operation of fundraising projects [9].

Core Viewpoint - The company plans to utilize up to RMB 460 million of temporarily idle raised funds for cash management, focusing on low-risk, high-liquidity principal-protected products to enhance fund efficiency and maximize shareholder returns [1][9][11]. Fundraising Overview - The company raised a total of RMB 2,176.72 million from its initial public offering (IPO) by issuing 18.2 million shares at RMB 119.60 each, with a net amount of RMB 2,077.16 million after deducting related expenses [3]. - The company also issued convertible bonds totaling RMB 1,435.01 million, with a net amount of RMB 1,421.31 million after expenses [4]. Cash Management Plan - The company intends to invest the idle funds in safe, liquid, low-risk principal-protected products, including but not limited to wealth management products, structured deposits, fixed deposits, large certificates of deposit, and seven-day notice deposits [7][9]. - The investment will be executed within a maximum period of 12 months from the board's approval date, allowing for rolling use of the funds [7][9]. Approval Process - The board and supervisory committee approved the cash management plan on August 15, 2025, with no need for shareholder meeting approval [2][8][12]. - The supervisory committee and the sponsor institution provided clear consent and no objections to the plan [2][12]. Impact on Operations - The cash management strategy is designed to ensure that the investment projects funded by the raised capital are not affected, maintaining the progress of the company's core business operations [9][11]. - The company aims to enhance the efficiency of fund usage and generate additional returns without altering the original fundraising purposes [10][11].

Summary of Key Points Core Viewpoint - The company plans to utilize temporarily idle raised funds for cash management to enhance fund efficiency and maximize shareholder returns while ensuring that it does not affect the construction and use of fundraising projects [4][5][8]. Fundraising Basic Situation - The company raised a total of RMB 198,616.94 million from its initial public offering (IPO) and RMB 142,131.35 million from the issuance of convertible bonds, with all funds received and verified by an accounting firm [2][3]. Fund Usage Situation - The net proceeds from the IPO are allocated to various projects, including a total investment of RMB 77,000 million for specific projects [3]. - The company has established a special account for the management of raised funds and signed a tripartite supervision agreement with the sponsor and the bank [3]. Cash Management Basic Situation - The purpose of cash management is to improve the efficiency of idle funds, ensuring safety and not affecting project progress [4]. - The company plans to invest up to RMB 460 million in low-risk, high-liquidity financial products, with a maximum investment period of one year [4][5]. Information Disclosure - The company commits to timely information disclosure in accordance with the regulations of the Shanghai Stock Exchange, ensuring that the use of raised funds remains unchanged [5]. Impact on Daily Operations - The cash management of idle funds will not affect the ongoing projects funded by the raised capital and is expected to enhance the company's operational efficiency and market competitiveness [6][8]. Review Procedures - The board of directors approved the cash management plan, which does not require shareholder meeting approval, ensuring compliance with relevant regulations [7][8]. Sponsor's Verification Opinion - The sponsor has confirmed that the company has followed necessary approval procedures and that the cash management will not adversely affect the investment projects or shareholder interests [8].

Core Viewpoint - The company has approved the use of temporarily idle raised funds for cash management, allowing for investment in low-risk financial products to enhance the efficiency of fund utilization [1][4][6]. Fundraising Basic Situation - The company has completed the issuance of ordinary shares (A shares) with a total amount of RMB 113,242.87 million, with adjusted investment amounts for specific projects [2][3]. - The total amount allocated for the projects includes RMB 96,883.88 million for the development of high-voltage power sources and power chips for new energy vehicles, and RMB 95,988.37 million for industrial-grade digital power management chips [2]. Cash Management Usage - The company plans to use a maximum daily balance of RMB 59,000 million from temporarily idle raised funds for cash management, with a maximum investment period of 12 months [3][4]. - The cash management products will be limited to low-risk, high-liquidity principal-protected financial products or deposit-type products [4][5]. Implementation and Oversight - The board has authorized the management to make decisions within the approved limits, with the finance department responsible for implementation [4][6]. - The company will disclose information in accordance with the regulations of the Shanghai Stock Exchange, ensuring that the use of funds does not deviate from the original investment plans [4][6]. Impact on Company Operations - The cash management initiative is designed to ensure that it does not affect the ongoing investment projects and aims to improve fund utilization efficiency, ultimately benefiting the company and its shareholders [4][5][6].