Core Viewpoint - The company, Jiahe Food Industrial Co., Ltd., is utilizing part of its temporarily idle raised funds for cash management, aiming to enhance returns while ensuring that it does not affect the construction of investment projects or normal operations [1][9]. Group 1: Cash Management Overview - The company has approved the use of up to RMB 550 million of idle raised funds for cash management, focusing on low-risk, highly liquid financial products [2][8]. - The cash management initiative was discussed and approved in meetings held on April 24, 2025, and at the annual shareholders' meeting on May 16, 2025 [2][8]. - The company has already redeemed a structured deposit product from China Merchants Bank, with both principal and returns transferred to the company's special account for raised funds [3][4]. Group 2: Fundraising and Management - The total amount raised through a specific stock issuance was approximately RMB 725 million, with net proceeds after expenses amounting to about RMB 711 million [5][6]. - The raised funds are managed in a dedicated account, with strict regulatory agreements in place to ensure proper oversight [6][7]. Group 3: Impact and Measures - The cash management strategy is designed to increase the returns on idle funds without disrupting ongoing investment projects or the company's main business operations [9][10]. - The company has established internal controls to monitor and manage risks associated with cash management, including adherence to regulatory guidelines and regular oversight by independent directors [10][11].

Core Viewpoint - The company has announced the use of temporarily idle raised funds for cash management beyond the authorized period, with specific amounts involved [1] Group 1: Fund Management - The company will utilize idle raised funds amounting to 49.50 million and 33.00 million during the period from May 23, 2025, to July 15, 2025 [1] - The total amount available for rolling use is within the limit of 70.00 million, focusing on investments that are safe, liquid, and have a capital preservation commitment [1] - The investment products will be effective for 12 months and will not affect the progress of the raised funds investment projects or the company's normal production and operations [1] Group 2: Internal Control Measures - The company has convened relevant meetings to ratify this action and has emphasized the need to strengthen internal controls to prevent similar incidents in the future [1]

Core Viewpoint - Jiangsu Tianmuhu Tourism Co., Ltd. plans to utilize idle raised funds for cash management, with a total amount not exceeding 30 million yuan, ensuring the safety of raised funds and the normal progress of investment projects [1][2][8]. Group 1: Cash Management Overview - The company approved the use of idle raised funds for cash management in meetings held on January 10, May 15, and May 20, 2025, allowing for a total of 30 million yuan to be used within a 12-month period [1][2][7]. - The cash management products are structured deposits with a principal amount of 3.8 million yuan, purchased from Industrial Bank Co., Ltd., with a floating return and a term of 28 days [3][5][6]. Group 2: Financial Impact - As of June 30, 2025, the company's debt-to-asset ratio was 16.79%, and the cash management amount of 3.8 million yuan accounted for 7.87% of the total cash [11]. - The cash management is expected to enhance the efficiency of idle funds without affecting the construction of investment projects or changing the purpose of raised funds, aligning with the interests of the company and its shareholders [11]. Group 3: Fund Source and Usage - The funds for cash management originate from idle raised funds, which were raised through a public offering of convertible bonds totaling 300 million yuan, netting 289.73 million yuan after expenses [4]. - The company has established a three-party supervision agreement for the management of raised funds, ensuring compliance with regulations [4].

Core Viewpoint - The company is utilizing part of its idle raised funds for cash management to enhance fund efficiency and generate investment returns while ensuring the safety of the raised funds [1][3][9]. Cash Management Overview - Cash management trustee: Shanghai Pudong Development Bank Co., Ltd. Zhabei Branch [1] - Cash management amount: RMB 100 million [1] - Cash management purpose: To effectively reduce idle fund costs and enhance the value preservation and appreciation of raised funds [3][9]. - Cash management product: Time deposit [5][9] - Cash management duration: Three months [5][10] Fund Source and Usage - The source of funds for cash management is part of the idle raised funds from the non-public offering of shares in 2021 [4][6]. - The company raised a net amount of approximately RMB 4.98 billion from the non-public offering, with the funds fully received by March 9, 2021 [7]. Cash Management Redemption - The company redeemed the time deposit of RMB 100 million on September 30, 2025, with a return of RMB 24.72 thousand [3]. Board Approval Process - The board approved the cash management plan on June 30, 2025, allowing the use of up to RMB 1.9 billion of idle raised funds for cash management within 12 months [1][11].

Core Viewpoint - The company has approved the use of up to RMB 1.686 billion of temporarily idle raised funds for cash management, ensuring that this does not affect the implementation of fundraising projects and guarantees the safety of the raised funds [8][20][21]. Group 1: Board Meeting Details - The board meeting was held on October 9, 2025, with all five directors present, including both in-person and video attendance [3][4]. - The meeting was convened in accordance with the relevant provisions of the Company Law of the People's Republic of China and the company's articles of association [4]. Group 2: Fundraising and Financial Management - The company raised a total of approximately RMB 1.7 billion through the issuance of 290,102,389 shares at a price of RMB 5.86 per share, with net proceeds after fees amounting to approximately RMB 1.689 billion [9]. - The company has established a special account for the raised funds and signed a tripartite supervision agreement with independent financial advisors and the supervising bank [9]. Group 3: Cash Management Proposal - The purpose of cash management is to enhance the efficiency of fund usage while ensuring the normal operation of fundraising projects [10]. - The company plans to use up to RMB 1.686 billion for cash management, with a maximum duration of 12 months, allowing for rolling use within this limit [11][12]. - Investment products will include safe and liquid options such as structured deposits, agreement deposits, and time deposits [12]. Group 4: Impact on Daily Operations - The cash management of temporarily idle funds will not affect the normal construction of fundraising projects or the regular use of raised funds, and it aims to generate additional investment returns [17][21]. Group 5: Internal Review and Opinions - The audit and risk committee, as well as independent directors, have expressed that the cash management does not change the purpose of the raised funds and is in the best interest of the company and its shareholders [21][22]. - The independent financial advisor confirmed that the cash management proposal complies with relevant regulations and will not impact the normal use of raised funds [23].

Core Viewpoint - The company has approved a proposal to utilize part of its idle raised funds for cash management, aiming to enhance the efficiency of fund usage and increase returns on cash assets [1] Group 1: Cash Management Proposal - The company plans to use no more than 500 million yuan of temporarily idle raised funds for cash management [1] - The funds will be invested in high-security, liquid principal-protected products, including but not limited to structured deposits, time deposits, large certificates of deposit, notice deposits, and principal-protected income certificates [1] - The investment period for individual products will not exceed 12 months, and the usage period is valid for 12 months from the date of board approval [1] Group 2: Impact on Company Operations - This cash management initiative will not affect the normal progress of the company's fundraising projects [1] - The objective is to improve the efficiency of the raised funds and increase returns on cash assets [1]

Core Viewpoint - The company has approved the use of idle raised funds for cash management, indicating a strategic approach to optimize financial resources [1][2]. Group 1: Company Actions - On March 18, 2025, the company held meetings to approve the continued use of idle raised funds for cash management [1]. - On July 4, 2025, the company purchased structured deposits worth 40 million yuan from China Construction Bank [2]. - The company redeemed the principal of 40 million yuan on September 29, 2025, earning a profit of 105,700 yuan, which has been transferred to the designated account for raised funds [2].

Core Viewpoint - Tianhe Magnetic Materials (603072) has announced new actions in cash management, aiming to enhance fund utilization efficiency and generate more returns for shareholders while ensuring the normal progress of fundraising investment plans and fund safety [1] Group 1: Cash Management Actions - The company has decided to use 28 million yuan of idle raised funds for cash management, with the source being idle raised funds [3] - The company has previously approved the use of up to 500 million yuan of idle raised funds for cash management, with the decision made during the third board meeting on February 18, 2025 [3] Group 2: Investment Products and Returns - Recently, some idle raised fund products used for cash management have matured, with both principal and returns being promptly returned to the cash management account [2] - Specific investment products include: - A structured deposit with Citic Bank, with a subscription amount of 25 million yuan and an expected annual return rate of 1.00%-1.87%, yielding 116,600 yuan [2] - A closed product with Industrial Bank, with a subscription amount of 40 million yuan and an expected annual return rate of 1.00% or 2.24%, yielding 220,900 yuan [2] - Additional closed products with Industrial Bank totaling 150 million yuan, yielding 828,500 yuan [2] Group 3: Risk Management Measures - The company has implemented several measures to manage risks associated with cash management, including selecting safe and liquid products, tracking product performance, and ensuring oversight by independent directors and the audit committee [4] - The cash management activities will not affect the company's daily operations or the implementation of fundraising projects, aligning with the interests of the company and all shareholders [4]

新疆天润乳业股份有限公司公告，2024年12月公司审议通过使用不超4亿元暂时闲置募集资金进行现金 管理，期限12个月。本次公司用2.4亿元闲置募集资金购买上海浦东发展银行乌鲁木齐分行大额存单， 于2025年9月30日到期赎回，收回本金2.4亿元，获得收益66万元。截至公告披露日，公司使用暂时闲置 募集资金进行现金管理的产品已全部到期赎回，本金及利息已归还至募集资金专户，与预期收益无重大 差异。 ...

Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds for cash management by investing in low-risk financial products, ensuring that it does not affect the operational needs or safety of the funds [2][11]. Summary by Sections 1. Use of Idle Raised Funds - The company has redeemed a structured deposit of 150 million RMB purchased from China Minsheng Bank, returning the principal and earnings to the raised funds account [3]. - The purpose of this cash management is to enhance the efficiency of fund usage and increase returns for the company and its shareholders while ensuring the safety of the raised funds [3]. 2. Details of the Financial Management - The total amount for this cash management is set at 111 million RMB, sourced from idle raised funds [4]. - The financial products involved include structured deposits from China Minsheng Bank and fixed-term deposits from Bank of China, with terms of 30 days and 3 months [4]. 3. Impact on Fund Utilization - The investment in financial products will not affect the implementation progress of the fundraising projects and is aimed at improving the efficiency of fund usage [6][9]. - The company has established a dedicated account management system for the raised funds, ensuring their safety and compliance with regulatory requirements [5]. 4. Risk Management Measures - The company has implemented a separation of decision-making, execution, and supervision roles to ensure the safety of cash management funds [8]. - Strict investment principles are followed, focusing on reputable and large-scale issuers to mitigate risks [8]. 5. Financial Performance Indicators - The company has reported a maximum single-day investment of 560.77 million RMB in cash management over the past 12 months, remaining within the approved limit of 700 million RMB [12]. - The total approved limit for cash management is 400 million RMB, valid for 12 months from the shareholders' meeting [12].