Core Viewpoint - Fujian Xingyun Electronics Co., Ltd. has approved the use of idle raised funds for cash management, allowing up to RMB 550 million to be invested in principal-protected financial products or deposit-type products for a maximum period of 12 months [1][2]. Group 1: Fund Management - The company has redeemed cash management products purchased with idle raised funds, with a total redemption of RMB 70 million and a financial gain of RMB 52,198.63 [2][3]. - The cash management products included large-denomination time deposits from China Construction Bank and other financial institutions, with interest rates around 0.90% [2][3]. - As of the announcement date, the company has not exceeded the authorized limit for purchasing financial products, with RMB 420 million still in cash management that has not yet been redeemed [3]. Group 2: Account Management - Due to the redemption of cash management products, the company has had its specialized settlement accounts for raised funds automatically canceled by the bank [2][3]. - The cancellation of accounts was a result of the full return of principal and earnings to the raised funds special account [2][3]. Group 3: Regulatory Compliance - The company ensures that the information disclosed is true, accurate, and complete, with no false records or misleading statements [1]. - The decisions regarding the use of idle funds were made during the fourth board meeting and the annual shareholders' meeting [1].

Core Viewpoint - The company has approved the use of idle raised funds for cash management, allowing up to RMB 400 million to be invested in safe and liquid financial products within a 12-month period [1][4]. Group 1: Cash Management Approval - The board of directors approved the use of idle raised funds for cash management, with a limit of RMB 400 million, ensuring that it does not affect the construction and use of the raised funds [1][4]. - The cash management products must be safe, liquid, and meet capital preservation requirements, sold by legally qualified financial institutions [1][4]. Group 2: Recent Cash Management Activities - The company redeemed a structured deposit product, receiving a total of RMB 50 million principal and RMB 78,900 in returns, which were transferred to the company's special account for raised funds [1][2]. - In the last twelve months, the company has engaged in cash management activities, including the purchase of various structured deposits and a seven-day notice deposit, with amounts of RMB 20 million and RMB 10 million respectively [2][3]. Group 3: Financial Performance and Returns - The company reported a total investment of RMB 80 million in cash management products over the last twelve months, with a maximum single-day investment of RMB 25 million [6]. - The cumulative return from cash management activities in the last year accounted for 6.27% of the company's net profit [6].

Core Viewpoint - The company has approved the use of idle raised funds for cash management, increasing the total amount to a maximum of RMB 70 million, aimed at improving fund utilization efficiency and ensuring safety in investments [1][2][3]. Investment Purpose - The investment aims to enhance the efficiency of raised funds, strengthen daily fund management, and ensure that the use of idle funds does not affect the construction of fundraising projects [1][4]. Investment Amount - The company plans to increase the cash management limit by up to RMB 15 million, bringing the total to a maximum of RMB 70 million [2][3]. Source of Funds - The funds originate from the company's initial public offering, which raised a total of approximately RMB 1.437 billion after deducting various fees [2]. Investment Types - The company intends to invest in seven-day notice deposits, which are characterized by high safety and liquidity [3][4]. Investment Duration - The investment can be rolled over within the approved limit until the expiration date of the previous cash management resolution on October 27, 2025 [4]. Implementation Method - The board of directors has authorized the chairman to make decisions and sign relevant contracts within the approved limits [4]. Financial Impact - The use of idle funds for cash management is expected to improve fund utilization efficiency without significantly impacting the company's main business, financial status, or cash flow [5][6]. Supervisory Opinions - The supervisory board and the sponsor institution have expressed support for the cash management plan, confirming that it complies with relevant regulations and does not harm the interests of shareholders [6][7].

Group 1 - The third meeting of the third supervisory board of Guangdong Guangkang Biochemical Technology Co., Ltd. was held on July 11, 2025, with all three supervisors present [1][2] - The supervisory board approved the decision to continue using part of the idle raised funds for cash management, stating that the decision-making process complies with relevant laws and regulations and is beneficial for increasing company revenue and improving fund utilization efficiency [1][2] - The voting results for the decision were unanimous, with 3 votes in favor, 0 against, and 0 abstentions [2] Group 2 - The meeting was convened and chaired by Mr. Yu Kewei, the chairman of the supervisory board, and the company secretary attended the meeting [1] - The meeting's notice was sent to all supervisors via email and instant messaging on July 8, 2025 [1] - The decision to use idle funds for cash management does not harm the interests of the company or all shareholders [1]

Core Viewpoint - The company has approved the use of idle raised funds and its own funds for cash management, aiming to enhance fund utilization efficiency and asset returns while ensuring the safety of the principal [1][4]. Fundraising Basic Situation - The company raised a total of 1.2 billion RMB through a public offering of convertible bonds in March 2019, with a net amount of approximately 1.187 billion RMB after deducting issuance costs [1][2]. Financial Products Overview - The company plans to invest up to 250 million RMB of idle funds in principal-protected financial products and up to 2.5 billion RMB of its own funds in both principal-protected and non-principal-protected financial products, trust products, and entrusted loans [1][4]. - The expected annualized yield for the structured deposit products is between 0.4% and 2.15% [1][2]. Investment Risk and Control Measures - The company will adhere to prudent investment principles, selecting reputable financial institutions with robust risk control measures for cash management [2]. - Regular analysis and tracking of the financial products will be conducted to ensure the safety of funds [2]. Impact on the Company - The use of idle funds for cash management will not affect the normal operation of the company's fundraising projects and is expected to create greater returns for shareholders [2][4]. Previous Financial Product Purchases - In the past twelve months, the company has utilized 200 million RMB of idle funds for cash management, with various financial products yielding between 0.4% and 2.71% annually [3][4].

Core Viewpoint - The company has announced the use of idle raised funds for cash management, specifically investing in structured deposits with a total amount of 80 million RMB, aiming to enhance the efficiency of fund utilization and increase returns for the company and its shareholders [1][2][8]. Summary by Relevant Sections Investment Overview - The purpose of the investment is to improve the efficiency of raised funds and ensure that the investment does not affect the construction and use of the raised funds, while also increasing returns for the company and shareholders [2][9]. - The total amount for cash management is set at 80 million RMB, with a maximum limit of 230 million RMB for temporary idle funds [1][2]. - The funds are sourced from a specific stock issuance approved by the China Securities Regulatory Commission, raising a total of 267.61 million RMB, with a net amount of 261.42 million RMB after deducting issuance costs [2][3]. Investment Details - The investment will be made in structured deposits from China Construction Bank, with a principal amount of 40 million RMB and a term of 32 days, expected to yield a floating return [5][8]. - The expected annualized return ranges from 0.65% to 2.4%, depending on market conditions [5][7]. Approval and Compliance - The investment plan was approved during the 18th meeting of the fourth board of directors and the 16th meeting of the supervisory board on July 7, 2025, and does not require further shareholder approval [1][8][10]. - The company will manage the cash management products in compliance with relevant regulations and ensure that the funds are returned to the special account for raised funds upon maturity [8][10]. Impact on Operations - The use of idle funds for cash management is not expected to affect the company's daily operations or the normal progress of investment projects, and it aims to enhance the returns on cash assets [9][10]. - The company will adhere to the "New Financial Instruments Standards" in handling the cash management products, which may impact various financial statement items [9][10]. Monitoring and Risk Management - The company will maintain close contact with financial institutions to monitor the operation of cash management funds and strengthen risk control [10]. - The supervisory board and the sponsor institution have confirmed that the decision-making and approval processes are legal and compliant, ensuring no harm to the interests of the company and its shareholders [10][11].

Core Viewpoint - The company plans to utilize part of its idle raised funds for cash management by investing in financial products, specifically a total of RMB 30 million in a wealth management product from Guotai Haitong Securities, with a focus on maximizing shareholder returns and ensuring liquidity [1][2][4]. Group 1: Financial Management - The company has approved the use of idle raised funds for cash management, allowing a maximum daily balance of RMB 60 million to be utilized within a twelve-month period [1][2]. - The wealth management product chosen is the Guotai Haitong Securities Ruibo Series Yao Rui 25162, with a term of less than one year and an expected annualized return of 1.70%-1.90% [4][6]. - The company has previously invested RMB 40 million in a wealth management product, which has matured, and the principal along with returns has been successfully redeemed [2][9]. Group 2: Financial Data and Impact - As of December 31, 2024, the company's total assets were RMB 522,031.88 million, with total liabilities of RMB 334,024.69 million, and net assets attributable to shareholders of RMB 188,007.19 million [6][7]. - The investment of RMB 30 million in wealth management products represents 4.23% of the company's cash holdings as of the latest reporting period, indicating a manageable impact on liquidity [7][9]. - The company aims to enhance the efficiency of fund utilization and increase asset returns while ensuring that normal operations and project constructions are not affected [2][6]. Group 3: Risk Management and Compliance - The company has established strict internal controls to manage investment risks, ensuring that investments are made in high-security, liquid financial products [5][6]. - The board of directors has authorized the chairman to make decisions within the approved limits, and the supervisory board has the right to oversee the use of funds [5][8]. - The company has committed to adhering to relevant laws and regulations regarding information disclosure and has established a complete accounting system for managing investment products [5][6].

Core Viewpoint - The company has approved the use of temporarily idle raised funds for cash management, allowing up to 620 million RMB to be utilized without affecting the normal use of the raised funds for investment projects [1][5]. Fundraising Basic Situation - The company received approval from the China Securities Regulatory Commission to issue A-shares, raising a total of approximately 756 million RMB, with a net amount of about 743 million RMB after deducting issuance costs [1][2]. Fund Usage Situation - The company plans to invest a total of 1.175 billion RMB in the Huizhou Hengmingda Intelligent Manufacturing Base project, with an adjusted investment amount of approximately 743 million RMB [2]. Cash Management Purpose - The company aims to improve fund utilization efficiency and increase returns on temporarily idle raised funds while ensuring that it does not impact the construction of investment projects or normal business operations [3][5]. Investment Amount and Types - The company intends to use no more than 620 million RMB of idle raised funds for cash management, with the funds being allowed to roll over within this limit. The investment will focus on low-risk, high-liquidity financial products such as structured deposits and large certificates of deposit [3][4]. Investment Duration and Implementation - The investment decision is valid for 12 months from the date of board approval, with management authorized to make investment decisions and sign relevant contracts [4][5]. Impact on the Company - The use of idle raised funds for cash management is expected to enhance fund efficiency and generate additional investment returns for the company and its shareholders, without affecting daily operations or the progress of investment projects [5]. Review Procedures and Opinions - The board of directors, independent directors, and the supervisory board have all approved the cash management proposal, with the sponsor providing a verification opinion [5][6].

Group 1 - The company announced the redemption of cash management products, specifically a fixed deposit of 200 million RMB with Zhejiang Mintai Commercial Bank [2][4] - The board of directors approved the use of temporarily idle raised funds for cash management, with a maximum limit of 400 million RMB [3] - As of the announcement date, the company has no remaining balance in temporarily idle raised funds for cash management [5] Group 2 - The company and its subsidiaries provided guarantees totaling 2.13641 billion RMB as of June 30, 2025 [9][10] - The guarantees are primarily for subsidiaries to meet operational funding needs and are deemed necessary and reasonable by the board [12] - There are no overdue guarantees, and the total guarantees provided represent 17.17% of the company's audited net assets for 2024 [12]

Summary of Key Points Core Viewpoint - The company intends to utilize part of its idle raised funds for cash management, ensuring that this does not affect the progress of its investment projects and adheres to relevant regulations [6][5]. Fundraising Overview - The company raised a total of approximately RMB 2.5 billion through a non-public offering of 69,098,949 shares at a price of RMB 36.18 per share, with a net amount of approximately RMB 2.49 billion after deducting issuance costs [1][2]. - The funds were verified by an accounting firm and have been deposited as of June 23, 2022 [1]. Change in Fund Usage - The company held a shareholder meeting on January 18, 2024, where it approved a change in the use of remaining funds from the terminated new energy intelligent fracturing equipment project to oil and gas technology service projects [2][3]. - As of November 30, 2023, the remaining balance for the original project was approximately RMB 758.21 million, which will now be redirected to the new project [2]. Cash Management Plan - The company plans to use up to RMB 1.9 billion of idle funds for cash management, with a usage period of 12 months from the board's approval date [4][5]. - The funds will be invested in safe, liquid, and principal-protected products with a maturity of no more than 12 months [4]. Approval and Compliance - The board of directors and the supervisory board have approved the cash management plan, which complies with relevant laws and regulations [5][6]. - The cash management activities will be conducted under strict risk control measures to protect the company's financial interests [5][6].