Core Points - The company has approved the use of idle raised funds for cash management, allowing up to RMB 200 million for investment in financial products [1][14] - The company has successfully redeemed a structured deposit from Chongqing Bank, recovering the principal of RMB 35 million and earning interest of RMB 857,500 [1][2] - The purpose of using idle funds for financial products is to enhance fund efficiency and provide returns to shareholders [2][4] Summary by Sections Investment Management - The company has utilized idle raised funds to purchase structured deposits, specifically the Chongqing Bank Structured Deposit 2025 No. 457, with an investment amount of RMB 35 million [7][9] - The structured deposit is a principal-protected product with floating returns, meeting the criteria for high safety and liquidity [9][10] Fund Sources - The funds used for the financial products are sourced from idle raised funds, which were initially raised through an IPO that generated RMB 842.14 million, netting RMB 790 million after expenses [4][5] Financial Performance - As of June 30, 2025, the company's monetary funds amounted to RMB 1,608.92 million, with the recent investment of RMB 35 million representing 2.18% of the total funds [13][16] - The investment in financial products is not expected to significantly impact the company's future operations or financial status [13][16] Risk Management - The company has established internal controls for managing investment risks, including regular monitoring and audits by the finance department and independent directors [7][10][12] - The company ensures compliance with relevant regulations and maintains transparency in financial disclosures [11][14]

Core Viewpoint - The company has approved a plan to utilize up to 1 billion yuan of idle funds for low-risk financial management to enhance fund efficiency and increase investment returns [1][4]. Fund Management Plan Key Points - The fund management plan is valid for 12 months from the board's approval date, allowing for rolling use within the limit [2]. - Investment will focus on low-risk, stable products such as time deposits, large certificates of deposit, and agreed deposits, avoiding high-risk investments like stocks and derivatives [2]. - The management team is authorized to make decisions and sign relevant documents, with the finance department responsible for implementation [2]. Risk Control and Operational Impact Analysis - The company acknowledges potential risks such as market fluctuations and operational monitoring despite strict investment evaluations [3]. - Multiple control measures are in place, including limiting investments to low-risk categories and continuous monitoring by the finance department [3]. - The plan will not interfere with the company's main business operations and aims to create additional returns for shareholders while optimizing cash flow management [3]. Board Decision Background - The board believes that the company has sufficient funds, with some remaining idle after meeting operational needs [4]. - The decision to manage idle funds is intended to maintain liquidity while preserving and increasing value, aligning with the interests of the company and shareholders [4]. - The choice of 1 billion yuan is based on the company's current financial status and liquidity needs, reflecting a prudent management approach [4].

Core Viewpoint - The company plans to invest a total of RMB 50 million in low-risk financial products, specifically structured deposits, to enhance the efficiency and yield of its idle funds while ensuring that daily operations are not affected [2][4][9]. Summary by Sections Investment Overview - The company will invest a total of RMB 50 million, with RMB 20 million in structured deposits from Industrial Bank and RMB 30 million from Shanghai Bank [2][4]. - The investment aims to utilize idle funds prudently, ensuring liquidity and safety while improving returns [4][5]. Investment Details - The structured deposit products include those from Industrial Bank and Shanghai Bank, both of which are reputable listed commercial banks in Shanghai [6][8]. - The investment periods are 98 days for Industrial Bank and 181 days for Shanghai Bank [2]. Approval Process - The investment was approved during the 25th meeting of the 10th Board of Directors on April 28, 2025, with unanimous support [2][6]. - The company is authorized to use up to RMB 180 million for low-risk financial products over the next year, with the ability to roll over funds [2][6]. Risk Management - The company will select financial institutions based on their qualifications, prioritizing large, state-owned or publicly listed banks [7]. - The management team will monitor the investment closely, with the audit department overseeing the use and custody of funds [7][9]. Impact on the Company - The investment will not interfere with the company's main business operations and is expected to enhance the efficiency of fund usage [9]. - The financial products will be recorded as trading financial assets on the balance sheet, with related gains or losses reflected in the income statement [9].

Group 1 - ST Lianchuang announced on October 16 that it will use idle funds to invest in financial products to enhance cash management returns and preserve the value of its own funds [1] - The board approved a proposal allowing the company and its subsidiaries to invest up to 200 million RMB in financial products without affecting normal operations [1] - The investment amount can be rolled over within the approved limit [1] Group 2 - As of the report, ST Lianchuang has a market capitalization of 5.2 billion RMB [2]

Core Viewpoint - Shandong Lianchuang Industrial Development Group Co., Ltd. has approved a plan to invest idle funds in financial products to enhance cash management returns and preserve the value of its idle self-owned funds [1] Group 1 - The company held its 27th meeting of the 4th board of directors on October 16, 2025, to discuss the investment of idle funds [1] - The approved investment amount for financial products will not exceed RMB 200 million [1] - The investment will be conducted without affecting the normal operations of the company [1]

每经AI快讯，10月16日，ST联创（维权）公告，公司计划使用不超过2亿元的闲置自有资金购买银行、 证券公司、基金公司、资产管理公司等金融机构发行的理财产品，以提高资金使用效率和增加收益。投 资期限为12个月，该议案已通过第四届董事会第二十七次会议审议批准，并制定了详细的风险控制措 施。 ...

Core Viewpoint - Rongchang Bio (09995) has entered into an agreement with SPD Bank Yantai Branch to invest a total of RMB 5 billion in wealth management products, utilizing both idle self-owned funds and idle raised funds [1] Group 1 - The company will invest RMB 400 million of its idle self-owned funds in the wealth management products [1] - The company will also invest RMB 100 million of its idle raised funds in the wealth management products [1]

Core Viewpoint - Lihe Technology (Hunan) Co., Ltd. announced the progress of using part of its idle raised funds for cash management, allowing up to 90 million yuan of idle raised funds and up to 900 million yuan of self-owned funds for cash management within a twelve-month period after board approval [1] Cash Management Details - The company signed a structured deposit agreement with Shanghai Pudong Development Bank, with an investment amount of 20 million yuan and an annualized return rate of 0.70% or 1.65% or 1.85% for a one-month term [2] Impact on the Company - The use of idle raised funds for cash management is conducted without affecting the progress of investment projects and normal operations, aiming to improve fund utilization efficiency and generate returns for shareholders [4]

Core Viewpoint - Hisense Home Appliances (00921.HK) has announced a disclosure transaction involving multiple financial agreements with Jingu Trust, with a total subscription amount of 1.739 billion RMB for trust financial products [1] Group 1: Transaction Details - Hisense Home Appliances Group and its subsidiaries will subscribe to Jingu Trust financial products between May 27, 2025, and October 13, 2025 [1] - The total subscription amount for these agreements is 1.739 billion RMB [1] - Each agreement is categorized as fixed-income, medium-low risk financial products, with investment scope including deposits and bonds [1] Group 2: Regulatory Compliance - The combined subscription amount exceeds 5% but is below 25%, thus constituting a disclosure transaction under the listing rules [1] - The company is required to comply with the reporting and announcement regulations as per the listing rules [1] Group 3: Impact on Company Operations - The subscription of Jingu Trust financial products is expected to enhance the efficiency of the company's idle funds [1] - It will not adversely affect the company's daily operations, main business development, or the rights of small and medium investors [1] - The board believes that the subscription is fair and reasonable, aligning with the overall interests of the company and its shareholders [1]

Core Points - Hongyuan Green Energy (603185) closed at 22.01 yuan on October 10, 2025, up 0.5% from 21.9 yuan last week [1] - The company's market capitalization is currently 14.945 billion yuan, ranking 27th out of 64 in the photovoltaic equipment sector and 1295th out of 5158 in the A-share market [1] Company Announcements - The company announced the use of idle raised funds amounting to 21 million yuan to purchase structured deposits from Huaxia Bank's Baotou branch, with an expected annual yield of 0.60%-2.01% and a term of 113 days [1][3] - This financial management decision was approved at the 2024 annual shareholders' meeting held on May 20, 2025, with consent from the supervisory board and the sponsor institution [1][3] - As of June 30, 2025, the company's monetary funds totaled 4.30699 billion yuan, with the cash management amount representing 0.49% of this total [1][3]