Core Viewpoint - The company Zhonggang Luonai (688119) has announced plans to utilize excess and temporarily idle funds for cash management, aiming to enhance fund efficiency and ensure safety [1] Company Announcement Summary - Zhonggang Luonai plans to use up to 450 million RMB of excess funds and up to 250 million RMB of temporarily idle funds for cash management, focusing on high safety and liquidity products with a maximum usage period of 12 months [1] - The total net proceeds from the initial public offering amounted to 1,054,091,581 RMB, with actual excess funds being 454,091,581 RMB [1] - The board and supervisory committee have approved the cash management proposal, emphasizing that it will not affect the construction of fundraising projects or the normal operation of the company's main business [1]

Summary of Key Points Core Viewpoint - Jiahe Foods (605300) has shown a positive stock performance with a closing price of 13.99 yuan as of July 11, 2025, reflecting a 1.45% increase from the previous week [1] Company Announcements - Jiahe Foods announced the use of 50 million yuan of idle raised funds to purchase structured deposits from China Merchants Bank, specifically a 92-day product with an expected annual yield of 1.00% to 1.80% [1] - The decision to manage idle funds was approved by the company's board and supervisory committee, as well as the annual general meeting of shareholders [1] - The total amount raised by the company was approximately 724.99 million yuan, with a net amount of about 711.09 million yuan after deducting issuance costs [1] - The company has implemented measures to ensure the safety of the funds, including compliance with laws, tracking product investments, and oversight by independent directors and the audit committee [1] - As of the announcement date, the balance of temporarily idle raised funds under cash management was 450 million yuan, which is within the authorized range by shareholders [1]

Core Viewpoint - As of July 11, 2025, the stock price of Xusheng Group (603305) increased by 3.71% to 13.13 CNY, with a market capitalization of 12.517 billion CNY, ranking 39th in the automotive parts sector and 1322nd in the A-share market [1] Company Announcements - The fourth board meeting of Xusheng Group approved two resolutions: the use of up to 1 billion CNY of temporarily idle convertible bond funds for cash management, and the use of up to 500 million CNY of temporarily idle self-owned funds for cash management, both valid for 12 months [2][3] - The supervisory board also approved the same resolutions regarding the use of idle funds for cash management, with unanimous support [2][3] Cash Management Plans - Xusheng Group plans to use up to 1 billion CNY of temporarily idle convertible bond funds for cash management, with a maximum investment period of 12 months, focusing on high-safety and high-liquidity financial products [3] - The cash management will involve the company and its subsidiary, ensuring that the investment does not affect the normal implementation of fundraising projects [3]

Meeting Overview - The second meeting of the Supervisory Board of Yingstone Innovation Technology Co., Ltd. was held on July 10, 2025, with all three supervisors present, including one participating via remote voting [1][2]. Resolutions Passed - The Supervisory Board approved the proposal to use part of the raised funds to increase capital and provide loans to a wholly-owned subsidiary for the implementation of fundraising projects, which aligns with the company's long-term development strategy [1][2]. - The proposal to use raised funds to replace self-raised funds previously invested in fundraising projects and to cover issuance costs was also approved, ensuring compliance with relevant regulations and not altering the intended use of the funds [2][3]. - The board approved the use of self-owned funds, bank acceptance bills, and letters of credit to pay part of the fundraising project costs, which will be replaced by raised funds, enhancing the efficiency of fund usage [3][4]. - The establishment of a special account for raised funds and the authorization to sign a regulatory agreement for the account was approved, which will strengthen fund management without changing the intended use [4][5]. - The proposal to use temporarily idle raised funds and self-owned funds for cash management was approved, aimed at improving fund efficiency and maximizing shareholder benefits [5]. - The board approved the increase of the comprehensive credit limit for 2025 and the expected guarantee limit for subsidiaries, ensuring compliance with legal regulations and not adversely affecting the company's operations [5].

Core Points - The third special meeting of the independent directors of Suzhou Hengmingda Electronics Technology Co., Ltd. was held on July 8, 2025, with all four independent directors present, confirming the meeting's validity [1][2] Group 1: Meeting Resolutions - The independent directors approved the proposal to add a new implementation site for the "Huizhou Hengmingda Intelligent Manufacturing Base Construction Project" at "Huizhou Huiyang Economic Development Zone, Huiao Avenue West Side, Ailing Section (Factory C)," which aligns with the company's overall project planning and business needs [1] - The independent directors also approved the proposal to use temporarily idle raised funds for cash management, allowing up to 620 million yuan to be used within 12 months, ensuring the safety of investment funds while improving capital efficiency [1]

Core Viewpoint - Shenzhen Zhishang Technology Co., Ltd. is utilizing part of its idle funds for cash management to enhance capital efficiency and ensure the safety of its investments [1][5][13]. Group 1: Cash Management Initiatives - The company approved the use of up to RMB 60 million for cash management, with a validity period of twelve months from the board's approval date [1]. - The company has redeemed cash management products purchased with its own funds and continues to engage in cash management activities [2][10]. - Over the past twelve months, the company has utilized a total of RMB 51,355.61 million in cash management, with the current cash management activities falling within the board's authorized limits [6][14]. Group 2: Investment Risk and Control Measures - The company invests only in high-security, liquid investment products that meet capital preservation requirements, primarily influenced by macroeconomic policies [2][11]. - Strict adherence to prudent investment principles is emphasized, selecting reputable financial institutions for investment products [3][12]. - The finance management center will monitor the progress of cash management products and take necessary actions if risks are identified [3][12]. Group 3: Impact on the Company - The cash management activities are conducted without compromising the company's main business operations and are expected to enhance the value of idle funds, thereby protecting shareholder interests [5][13]. - The company ensures that cash management does not affect the progress of fundraising projects and maintains compliance with relevant regulations [8][13].

Core Viewpoint - The company has approved the use of up to 500 million yuan of excess and idle raised funds for cash management, ensuring that it does not affect the normal investment plans of the raised funds [1] Group 1: Cash Management Approval - The company convened its board and supervisory meetings on November 8, 2024, and a temporary shareholders' meeting on November 26, 2024, to approve the cash management proposal [1] - The cash management period is set for 12 months from the date of the shareholders' meeting approval, allowing for the funds to be used in a rolling manner within the approved limit [1] Group 2: Investment Products Overview - The company has decided to invest in a financial product named "Oriental Fortune Securities Lucky Bull Shark Fin No. 261 Income Certificate" with a purchase amount of 13 million yuan [1] - The product has a fixed interest rate of 1.75% and a floating interest rate that can vary based on specific conditions [1] Group 3: Risk Control Measures - The company will only invest in high-security and liquid products that do not affect daily operations, with a clear separation of decision-making, execution, and supervision roles [3] - Specific measures will be taken to control investment risks, including timely actions if adverse factors are identified [3] Group 4: Previous Cash Management Activities - The company has previously used excess and idle funds for cash management, with various financial products subscribed to over the past twelve months [3][4] - Details of these previous investments include various income certificates with different types and terms, ensuring a diversified approach to cash management [4][5]

Core Viewpoint - Jiangshun Technology Group has approved the use of idle raised funds and self-owned funds for cash management, ensuring that it does not affect the construction of investment projects or the normal operation of the company [2][5]. Group 1: Cash Management Approval - The company has agreed to use up to RMB 160 million of idle raised funds for cash management, focusing on low-risk, high-liquidity principal-protected financial products [2][3]. - The cash management period is set for 12 months from the date of board approval, with the possibility of rolling over the amount within the approved limit [2][3]. Group 2: Investment Details - Jiangshun Technology and its subsidiary have recently purchased bank financial products using idle funds, with specific details on the products and expected annualized returns [3][4]. - The company has invested in various financial products, including principal-protected and structured deposits, with expected annualized returns ranging from 1.00% to 2.10% [4][6]. Group 3: Financial Management Impact - The use of idle funds for cash management is designed to enhance the efficiency of fund utilization and generate investment returns for shareholders, without altering the intended use of raised funds [5][6]. - As of the announcement date, the company has RMB 110 million of idle raised funds and RMB 30 million of idle self-owned funds still outstanding, remaining within the authorized limits for cash management [6].

Core Viewpoint - The company has approved the use of idle funds for cash management and investment in bank wealth management products, with a total limit of up to RMB 6.6 billion for idle funds and RMB 1.6 billion for self-owned funds, both with a maximum duration of 12 months [1][2][7]. Group 1: Use of Self-owned Funds for Wealth Management - The company has agreed to use up to RMB 1.6 billion of its self-owned funds to purchase short-term principal-protected bank wealth management products, with a duration not exceeding 12 months [1][2]. - The expected annualized returns for various products include rates of 1.00% to 2.35% depending on the specific bank and product type [2][3]. Group 2: Use of Idle Raised Funds for Cash Management - The company will utilize up to RMB 6.6 billion of temporarily idle raised funds for cash management, also with a maximum duration of 12 months [1][2]. - The company has engaged in various structured deposit products with expected annualized returns ranging from 1.00% to 2.15% [2][3]. Group 3: Financial Management and Oversight - The company has a structured approach to managing and auditing the use of funds, ensuring compliance with relevant regulations and internal policies [4][5]. - The audit department will conduct regular checks on the use and management of the funds, and independent directors will have oversight rights [5][6]. Group 4: Impact on Company Operations - The use of idle funds for wealth management is expected to enhance the efficiency of capital utilization and increase returns without affecting the company's normal operations [4][7]. - The company assures that the use of raised funds for cash management will not alter the intended use of those funds or harm the interests of investors [4][7].

Core Viewpoint - The company has approved the use of idle self-owned funds for cash management, allowing for the purchase of large-denomination certificates of deposit (CDs) up to RMB 100 million, with a rolling authorization period of 12 months [1][2]. Group 1: Investment Purpose and Strategy - The investment aims to improve the efficiency of fund utilization without affecting the company's normal operations, thereby increasing cash management returns for the company and its shareholders [1][2]. - The company plans to use idle self-owned funds to hold high-security, liquid large-denomination CDs, explicitly prohibiting investments in securities or products linked to stocks and their derivatives [2]. Group 2: Implementation and Management - The implementation of cash management will be authorized to the company's chairman or designated personnel, with the operational decisions made by the management team and the finance department responsible for execution [2]. - The company will ensure that the use of idle funds does not impact its main business operations while enhancing fund efficiency and generating investment returns [3][4]. Group 3: Approval and Disclosure - The proposal for continued cash management using idle funds was approved in the seventh temporary meeting of the ninth board of directors, with the same maximum limit of RMB 100 million and a 12-month authorization period [4]. - The company will disclose relevant business activities in accordance with the Shenzhen Stock Exchange's regulatory guidelines [2].