"千里之堤毁于蚁穴"在当今资本市场中，上市公司面临的"库存+账期+现金荒"三大困局，恰如那微小的蚁穴，一旦被忽视，企业的资金链和经营运转便可能 受到致命影响。如何破解这些困局，实为摆在企业家和投资者面前的一道难题。 在全球经济形势复杂多变的背景下，尤其是2025年市场环境的充满不确定性，如何在"库存+账期+现金荒"三重压力下保持资本运作的安全性和效率，成为 了上市公司生死存亡的关键。美国更好并购集团（Goheal）通过深度研究并整合现代资本运作的最佳实践，提出了一系列系统性的解决方案，帮助企业从根 本上突破这三大瓶颈，实现资金的良性循环与资本的稳步增值。 一、库存积压破局：从智能预测到资产证券化 库存积压，往往是许多上市公司资金链紧张的根源之一。当库存不能迅速周转，企业的现金流便被严重拖累。而随着企业产品种类和市场需求的多样化，传 统的库存管理模式早已无法满足市场需求的变化。 资产证券化也是盘活库存的有效手段。将积压库存打包发行供应链ABS（资产证券化证券），能够为企业注入急需的资金，降低传统融资方式的融资成本。 例如，某汽车零部件企业通过该方式成功释放资金8.7亿元，融资成本较传统贷款低了2.3个百分点，为 ...

Group 1 - The company plans to use up to 620 million yuan of temporarily idle raised funds for cash management, ensuring it does not affect the implementation of fundraising projects [2][13][14] - The cash management aims to improve the efficiency of fund usage, reduce financial costs, and increase company revenue [1][8] - The investment will be in low-risk, highly liquid principal-protected financial products, such as structured deposits and time deposits, avoiding stocks and derivatives [3][7][12] Group 2 - The cash management decision is valid for 12 months from the board's approval date, allowing for rolling use within the specified limit [4][13] - The board chairman or authorized personnel will make investment decisions and sign relevant contracts, with the finance department responsible for implementation [5][13] - The company will disclose cash management details in accordance with relevant regulations [6][12] Group 3 - The income generated from cash management will be prioritized for supplementing investment project funding shortfalls and daily operational liquidity [7][8] - The company emphasizes that this cash management will not impact the progress of fundraising projects and aims to enhance returns for shareholders [8][14][15]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688310 证券简称：迈得医疗 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假 记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息的真 实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一) 主要会计数据和财务指标 单位：元 币种：人民币 (二) 非经常性损益项目和金额 √适用 □不适用 单位:元 币种:人民币 对公司将《公开发行证券的公司信息披露解释性公告第1号——非经常性损益》未列举的项目认定为非 经常性损益项目且金额重大的，以及将《公开发行证券的公司信息披露解释性公告第1号——非经常性 损益》中列举的非经常性损益项目界定为经常性损益的项目，应说明原因。 □适用 √不适用 (三) 主要会计数据、财务指标发生变动的情况、原因 √适用 □ ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688049 证券简称：炬芯科技 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 一、主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 ■ 注：公司因实施2023年年度权益分配，总股本由122,000,000股增加至146,136,404股。上表中的基本每股 收益、稀释每股收益，根据调整后的股本进行列示。 1.报告期内，公司实现营业收入1.92亿元，同比增长62.03%，创下单季度营业收入历史新高。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假 记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息的真 实、准确、完整。 第一季度财务报表是否经审计 □是 √否 2.报告期内，公司实现归属于上市公司股东的净利润4,144.97万元，同比增长385.67%；实现归属于上市 公司股东的扣除非经常性损益的净利 ...

注3："本年度实现的效益"的计算口径、计算方法应与承诺效益的计算口径、计算方法一致。 附表2： 变更募集资金投资项目情况表 2024年度 编制单位：浙江红蜻蜓鞋业股份有限公司 单位：人民币万元 ■ 注："本年度实现的效益"的计算口径、计算方法应与承诺效益的计算口径、计算方法一致。 证券代码：603116 证券简称：红蜻蜓 公告编号：2025-022 浙江红蜻蜓鞋业股份有限公司关于使用部分闲置募集资金和自有资金进行现金管理的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： 在确保不影响公司的主营业务运营及日常资金流转的资金需求、募集资金项目建设和募集资金使用的情 况下，提高闲置募集资金和自有资金的使用效率，增加公司收益，降低财务成本。 （二）投资金额 董事会在确保不影响募集资金项目建设和募集资金使用的情况下，计划使用不超过人民币21,000万元闲 置募集资金进行现金管理，适时投资安全性高、流动性好的低风险型投资产品（包括但不限于银行固定 收益型或保本浮动收益型的理财产品、协议存款、结构性存款、定期存款、通知存 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688623 证券简称：双元科技 公告编号：2025-009 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 根据《上市公司监管指引第2号——上市公司募集资金管理和使用的监管要求》《上海证券交易所科创 板上市公司自律监管指引第1号——规范运作》《上海证券交易所科创板股票上市规则》等有关法律、 法规及相关文件的规定，浙江双元科技股份有限公司（以下简称"公司"）就2024年度募集资金存放与实 际使用情况专项报告说明如下： 本公司经中国证券监督管理委员会《关于同意浙江双元科技股份有限公司首次公开发行股票注册的批 复》（证监许可[2023]803号）同意注册，由主承销商民生证券股份有限公司通过上海证券交易所系统 采用公开发行方式，向社会公开发行了人民币普通股（A股）股票1,478.57万股，发行价为每股人民币 125.88元，共计募集资金总额为人民币186,122.39万元，扣除券商承销佣金及保荐费16,871.92万元（不 含前期已预付的保荐费用200.00万元）后，主 ...

Group 1 - The company plans to apply for a credit limit of approximately RMB 225 million for disclosed external investment projects, including acquisition loans [1] - The comprehensive credit business scope includes loans, bank acceptance bills, financing guarantees, leasing, factoring, buyer's credit, supply chain financing, and foreign exchange derivatives [1] - The total guarantee amount provided by the company for its controlling subsidiaries in 2025 is expected to not exceed RMB 890 million, with specific limits based on the subsidiaries' debt ratios [1] Group 2 - The guaranteed entities include subsidiaries such as Nanjing Estun Robotics Engineering Co., Ltd., which has total assets of RMB 2.443 billion and a net profit of -RMB 11.739 million as of December 31, 2024 [2] - Cloos Holding GmbH, another subsidiary, has total assets of RMB 1.783 billion and a net profit of -RMB 1.512 million as of December 31, 2024 [4] - Estun Automation (Guangdong) Co., Ltd. has total assets of RMB 136.32 million and a net profit of -RMB 62,000 as of December 31, 2024 [5] Group 3 - The company has no overdue guarantees or related lawsuits, and the financial risks associated with the guarantees are considered controllable [17] - The board of directors believes that the application for comprehensive credit and guarantees will support the company's operational development and is in the overall interest of the company [18] - The supervisory board agrees with the proposed comprehensive credit limit of up to RMB 9.665 billion for 2025, which includes various financial services [19] Group 4 - The company intends to use idle funds for cash management, with a maximum balance of RMB 1 billion, investing in low-risk financial products [38] - The purpose of cash management is to improve fund utilization efficiency and ensure liquidity without affecting normal operations [39] - The company will not invest in high-risk securities or derivatives, focusing instead on short-term financial products [40] Group 5 - The company has completed the issuance of non-public shares, raising approximately RMB 794.99 million, with net proceeds of RMB 779.86 million after fees [52] - The company plans to use surplus funds from the non-public offering to permanently supplement working capital, totaling RMB 103.4 million [62] - The company has established a dedicated account for managing raised funds, ensuring compliance with regulations and protecting investor interests [54]

登录新浪财经APP 搜索【信披】查看更多考评等级 十七、审议通过《公司2024年度可持续发展（ESG）报告》 同意《公司2024年度可持续发展（ESG）报告》。详见同日公司在上海证券交易所网站披露的相关报 告。 表决结果：同意9票；反对0票；弃权0票。 十八、审议通过《关于聘任公司副总裁和变更董事会秘书的议案》 （一） 关于聘任公司副总裁的议案 经公司董事会提名委员会提名，同意聘任张雍先生为公司副总裁，任期自董事会决议通过之日起至公司 本届董事会任期结束止。 表决结果：同意9票；反对0票；弃权0票。 （二）关于变更公司董事会秘书的议案 因工作岗位调整原因，郑媛女士不再担任公司董事会秘书职务。 经公司董事长张敏先生提名，同意聘任吴伟洁先生担任公司董事会秘书，任期自董事会决议通过之日起 至公司本届董事会任期结束止。吴伟洁先生已取得董事会秘书任职培训证明。 表决结果：同意9票；反对0票；弃权0票。 经公司董事会提名委员会审查，认为张雍先生、吴伟洁先生具备与担任相应职务所必备的专业知识和工 作经验，符合其任职的条件，未发现有违反《公司法》和《公司章程》等相关规定的情况。具体情况及 张雍先生、吴伟洁先生的简历详见公司同 ...

Core Viewpoint - The company, Changzhou Langbo Sealing Technology Co., Ltd., reported a significant increase in revenue and net profit for the year 2024, reflecting a positive trend in the automotive industry and the company's strong market position in rubber sealing products. Group 1: Company Overview - The company operates in the automotive sealing industry, producing rubber sealing components primarily for automotive air conditioning systems, power systems, and braking systems [10][11]. - The company has established long-term relationships with major clients, including well-known domestic automotive air conditioning compressor manufacturers [10][11]. Group 2: Financial Performance - For the year 2024, the company achieved operating revenue of 231.37 million yuan, an increase of 17.45% year-on-year [15]. - The net profit attributable to shareholders was 27.92 million yuan, reflecting a year-on-year increase of 39.35% [15]. - The net profit after deducting non-recurring gains and losses was 24.59 million yuan, up 60.04% year-on-year [15]. Group 3: Industry Context - In 2024, China's automotive production and sales reached 31.28 million and 31.44 million units, respectively, marking a year-on-year growth of 3.7% and 4.5% [6][7]. - The production and sales of new energy vehicles surpassed 10 million units for the first time, with a year-on-year growth of 34.4% and 35.5% [8]. - The export of automobiles reached 5.86 million units, a year-on-year increase of 19.3% [9]. Group 4: Future Outlook - The automotive market is expected to continue its positive trend in 2025, supported by government policies aimed at stabilizing the economy and promoting technological innovation [5]. - The company plans to utilize part of its idle raised funds for cash management, aiming to enhance the efficiency of fund usage and generate additional returns for shareholders [16][20].

Core Viewpoint - The company has announced its financial results for the first quarter of 2025 and has conducted meetings to approve various financial and operational proposals, including the use of idle funds for cash management and the application for credit lines from banks [3][40][48]. Financial Data - The financial statements for the first quarter of 2025 are unaudited, and the company reported no net profit from mergers under common control for the period [5][6]. - The company has raised a total of 839 million RMB from its initial public offering, with a net amount of approximately 754.5 million RMB after deducting issuance costs [48]. Shareholder Information - The company has confirmed that the total number of shareholders and the status of major shareholders remain unchanged, with no significant changes in shareholding due to lending or borrowing activities [4]. Meeting Proceedings - The second meeting of the company's second supervisory board was held on April 26, 2025, with all three supervisors present, and the meeting complied with relevant laws and regulations [7]. - The supervisory board unanimously approved several proposals, including the annual report for 2024 and the first-quarter report for 2025 [8][12]. Credit Line and Guarantee - The company plans to apply for a total credit line of up to 150 million RMB from financial institutions, with a low-risk business balance of up to 20 million RMB [40]. - The company intends to provide guarantees for its subsidiary, with a maximum guarantee amount of 80 million RMB [41]. Cash Management - The company has approved the use of up to 40 million RMB of temporarily idle funds for cash management, aiming to enhance the efficiency of fund utilization [49]. - The cash management will involve investing in high-security, liquid financial products, ensuring that it does not affect the ongoing investment projects [50][51]. Risk Control Measures - The company has established risk control measures to monitor and manage the investments made with idle funds, ensuring compliance with relevant regulations and safeguarding shareholder interests [54][56].