Core Viewpoint - The company intends to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency and increase returns for shareholders [1][2][6]. Fundraising Overview - The company has issued 4,678,889 convertible bonds at a face value of RMB 100 each, raising a total of RMB 467,888,900, with a net amount of RMB 460,669,659.96 after deducting issuance costs [1][2]. Investment Project Details - The total investment for the high-performance filtration materials intelligent industry project is RMB 47,322.08 million, with a committed investment of RMB 34,788.89 million from the raised funds. Additionally, RMB 12,000 million is allocated for working capital [2]. Cash Management Plan - The purpose of cash management is to improve fund utilization efficiency due to the construction cycle of investment projects, ensuring that idle funds do not affect normal operations or project construction [2][3]. - The company plans to invest up to RMB 200 million of idle funds in cash management products that are safe, liquid, and low-risk, with a maturity not exceeding 12 months [3][4]. Implementation and Oversight - Cash management will be conducted through a dedicated settlement account, and the company will authorize the chairman or designated personnel to make investment decisions within the approved limits [4][5]. - The company will ensure that the income generated from cash management is managed according to regulatory requirements and will disclose information as per relevant rules [4][5]. Risk Management - The company acknowledges potential market risks but will implement strict approval and execution procedures to manage cash management product purchases and monitor their performance [5][6]. - The board and supervisory committee have reviewed and approved the cash management plan, ensuring it does not affect daily operations or project funding [6][7]. Conclusion - The cash management initiative is designed to enhance fund efficiency without compromising the company's operational integrity or shareholder interests, aligning with the overall goal of increasing returns for all shareholders [6][7].

Group 1 - The company held its second extraordinary general meeting of shareholders on August 4, 2025, with no resolutions being rejected [2][3] - The meeting was presided over by director Kuai Yulong due to the absence of the chairman and vice-chairman [3][4] - All proposed resolutions regarding the cancellation of repurchased shares, changes to registered capital, and amendments to various management systems were approved [5][6][7] Group 2 - The company announced the use of temporarily idle raised funds for cash management, amounting to 10 million yuan [11][12] - The cash management aims to improve the efficiency of fund utilization and increase returns for the company and its shareholders [12][21] - The investment will be made in a structured deposit product with a term of 31 days, ensuring high safety and liquidity [16][17] Group 3 - The company has a total of 2.98 billion yuan in net raised funds from a non-public offering, with all funds accounted for and managed in a dedicated account [14][15] - The cash management will not affect the normal operation or the implementation of investment projects [21][23] - The supervisory board and the sponsor institution have expressed their agreement with the cash management plan, confirming compliance with relevant regulations [23][25]

Core Viewpoint - Nanjing Pharmaceutical Co., Ltd. has announced the use of temporarily idle raised funds for cash management and the progress of its share repurchase plan, indicating a strategic approach to optimize financial resources and enhance shareholder value [1][3]. Group 1: Cash Management - The company and its subsidiaries have been authorized to use up to 700 million yuan of temporarily idle raised funds for cash management, investing in low-risk, high-liquidity principal-protected financial products [1]. - On July 3, 2025, the subsidiary Fujian Tongchun Pharmaceutical Co., Ltd. invested 40 million yuan in a structured deposit product from China Merchants Bank, which matured on July 31, 2025, yielding a return of 46,000 yuan [2]. - The principal and earnings from the structured deposit have been returned to the dedicated raised funds account, aligning with the company's cash management strategy [2]. Group 2: Share Repurchase - On March 14, 2025, the company approved a share repurchase plan with a total funding range of 70 million to 131.58 million yuan, with a maximum repurchase price of 7.31 yuan per share, to support the 2025 restricted stock incentive plan [3]. - As of July 31, 2025, the company has repurchased a total of approximately 16.30 million shares, representing 1.25% of the total share capital, with a total expenditure of approximately 80.26 million yuan [4]. - The repurchase activities are in compliance with relevant regulations and the company's established repurchase plan, with ongoing disclosures to keep investors informed [5].

Group 1 - The company held its 14th meeting of the second board of directors on August 1, 2025, where all 9 directors participated and the meeting was deemed legally valid [2][4] - The board approved the use of up to RMB 600 million of temporarily idle raised funds for cash management, ensuring the safety of the funds and that it does not affect the construction and use of the fundraising projects [3][18] - The cash management will involve purchasing safe, liquid, and principal-protected financial products, with a usage period of 12 months from the date of approval [24][28] Group 2 - The company also approved a guarantee of up to RMB 120 million for its wholly-owned subsidiary, SINGDA SUPERALLOY (MALAYSIA) SDN. BHD., to fulfill its obligations under a sales contract with SUMEC International Technology Co., Ltd. [5][39] - The guarantee period will last for three years from the fulfillment of the main contract obligations, and the company has sufficient control over the subsidiary's operations and credit status [42][43] - The board and supervisory committee confirmed that the guarantee does not harm the interests of the company or its shareholders [44][46]

Group 1 - The board of directors of Jiangsu Longda Superalloy Co., Ltd. held its 14th meeting of the second session on August 1, 2025, with all 9 directors participating in the voting [1][2] - The board approved the proposal to use part of the temporarily idle raised funds for cash management, allowing up to RMB 600 million to be used within 12 months, ensuring the safety of the funds and not affecting the project construction [1][3] - The board also approved a guarantee for its wholly-owned subsidiary, SINGDA SUPERALLOY (MALAYSIA) SDN. BHD., providing a guarantee of up to RMB 120 million for debts under a sales contract, with a guarantee period of three years from the debt fulfillment date [3]

Core Viewpoint - Jiangsu Longda Superalloy Co., Ltd. plans to use part of its temporarily idle raised funds for cash management, with a limit of up to RMB 600 million, ensuring the safety of the funds and not affecting the construction and use of the fundraising projects [1][2][9] Fundraising Basic Situation - The company raised a total of RMB 2,411,794,296.88 from its initial public offering, with a net amount of RMB 2,201,271,584.45 after deducting issuance costs [2] - The funds are stored in a special account to ensure proper management and protection of investor rights [2] Fundraising Investment Project Situation - The main investment project involves a technical transformation project to increase the annual production capacity of aviation-grade high-temperature alloys by 10,000 tons, with a total investment of RMB 100,016.77 million [3] - The project scale was adjusted from an original design capacity of 6,000 tons to 3,000 tons, with the revised fundraising usage amounting to RMB 80,176.88 million [5] Cash Management Basic Situation - The purpose of cash management is to improve the efficiency and returns of the temporarily idle funds while ensuring safety and not affecting project construction [5] - The cash management will involve purchasing high-security, high-liquidity financial products, with a maximum investment period of 12 months [5][6] Implementation and Disclosure - The board of directors authorized the management to handle related matters, with the finance department responsible for implementation [6] - The company will comply with relevant regulations for timely information disclosure regarding cash management activities [6] Impact on Daily Operations - The planned cash management will not affect the normal operations of the company or the ongoing fundraising investment projects, and it aims to enhance returns for the company and its shareholders [6][9] Opinions from Supervisory and Sponsoring Institutions - The supervisory board and sponsoring institutions have expressed their agreement with the cash management plan, confirming that it complies with legal requirements and does not harm the interests of shareholders [8][9]

Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency and returns while ensuring that it does not affect the ongoing projects funded by these raised funds [1][6][8]. Fundraising Overview - The company raised a total of approximately RMB 2.41 billion through its initial public offering, with a net amount of about RMB 2.20 billion after deducting issuance costs [1][4]. - The funds are stored in a special account to ensure proper management and protection of investor rights [2]. Investment Project Details - The primary investment project involves a technical transformation to increase the annual production capacity of aviation-grade high-temperature alloys by 10,000 tons, with a total investment of approximately RMB 1 billion [3][4]. - The project’s capacity was adjusted from an original design of 6,000 tons to 3,000 tons due to construction timelines [4]. Cash Management Plan - The company intends to use up to RMB 600 million of the temporarily idle funds for cash management within a 12-month period [5][8]. - The cash management will focus on low-risk, high-liquidity products such as time deposits and structured deposits, with a maximum investment period of 12 months [5][6]. Impact on Operations - The cash management plan is designed to ensure that it does not interfere with the company's normal operations or the progress of the fundraising investment projects [6][8]. - Utilizing idle funds for cash management is expected to generate additional returns for the company and its shareholders [6]. Compliance and Approval - The cash management plan has been approved by the company's board of directors and supervisory board, complying with relevant laws and regulations [7][8]. - The sponsor institution has confirmed that the plan does not alter the intended use of the raised funds and adheres to regulatory requirements [8].

Summary of Key Points Core Viewpoint - The company intends to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency and returns while ensuring that it does not affect the ongoing projects funded by these raised funds [1][8]. Group 1: Fundraising Overview - The company raised a total of RMB 2,411,794,296.88 through the issuance of 61,714,286 shares at a price of RMB 39.08 per share, with a net amount of RMB 2,201,271,584.45 after deducting issuance costs of RMB 210,522,712.43 [1][4]. - The company has established a special account for the management and storage of the raised funds, ensuring compliance with relevant regulations [2]. Group 2: Investment Project Details - The primary investment project involves a technical transformation project to increase the annual production capacity of aviation-grade high-temperature alloys from an original design of 6,000 tons to an adjusted capacity of 3,000 tons, with a total investment of RMB 100,016.77 million [3][4]. - The actual net amount raised is RMB 220,127.16 million, with RMB 120,127.16 million being excess funds [4]. Group 3: Cash Management Plan - The company plans to use up to RMB 600 million of the temporarily idle raised funds for cash management within a 12-month period, allowing for rolling use of the funds [5][8]. - The cash management will focus on low-risk, high-liquidity products such as time deposits and structured deposits, with a maximum investment period of 12 months [5][6]. Group 4: Impact on Operations - The cash management plan is designed to ensure that it does not interfere with the company's normal operations or the progress of the investment projects [6][8]. - Utilizing idle funds for cash management is expected to enhance company returns and benefit shareholders [6]. Group 5: Compliance and Approval - The cash management plan has been approved by the company's board of directors and supervisory board, complying with relevant laws and regulations [7][8]. - The sponsor institution has confirmed that the cash management does not alter the intended use of the raised funds and adheres to regulatory requirements [8].

Group 1 - The company held its ninth meeting of the fourth board of directors on July 30, 2025, with all eight directors present, confirming the legality and validity of the meeting [1] - The board approved the draft of the first employee stock ownership plan for 2025, which aims to enhance employee cohesion and company competitiveness [2][3] - The board also approved the management measures for the employee stock ownership plan, ensuring its effective implementation [3] Group 2 - The board proposed to authorize the board and its authorized personnel to handle matters related to the employee stock ownership plan, including applications to the Shanghai Stock Exchange [3][5] - The board approved the conditions for the third unlock period of the 2019 restricted stock incentive plan, allowing 19 eligible individuals to apply for the release of 213,500 shares [5][6] - The company plans to use up to 1.3 billion RMB of idle raised funds for cash management to improve fund utilization efficiency [7] Group 3 - The company will allocate 428.9994 million RMB, 244.7743 million RMB, and 592.0719 million RMB to its wholly-owned subsidiaries for the implementation of fundraising projects [8] - The company intends to replace self-raised funds used for project investments with raised funds amounting to 719.7688 million RMB [10] - The board approved the convening of the third extraordinary general meeting of shareholders in 2025 [11]

Core Viewpoint - The company intends to utilize temporarily idle raised funds for cash management to enhance fund efficiency and reduce financial costs while ensuring that it does not affect the construction of investment projects [1][2][5]. Fundraising Basic Situation - The company raised a total of RMB 10.53 billion by issuing 1.8 billion shares, with a net amount of RMB 10.35 billion, all of which was deposited into a designated account approved by the board of directors [1]. Cash Management of Idle Funds - The company plans to use up to RMB 2.7 billion of temporarily idle funds for cash management, with a usage period not exceeding 12 months from the date of approval by the board and supervisory committee [2][3]. - The investment products will be high-security, liquid, and principal-protected, including but not limited to structured deposits, time deposits, large certificates of deposit, and notice deposits [2][3]. Decision-Making Process and Supervisory Committee Opinion - The decision to use idle funds for cash management was approved by the company's board and supervisory committee, complying with relevant regulations [5]. - The supervisory committee believes that this action will not conflict with the construction of investment projects and will enhance fund efficiency, benefiting the company and shareholders [5]. Sponsor Institution's Verification Opinion - The sponsor institution confirms that the company's use of temporarily idle funds for cash management complies with legal regulations and does not change the intended use of the raised funds, thus supporting the normal progress of investment projects [6].