Core Viewpoint - Zhejiang Yinlun Machinery Co., Ltd. plans to utilize a maximum of RMB 438 million of temporarily idle raised funds for cash management to enhance fund utilization efficiency and increase investment returns [1][2][3]. Fundraising Overview - The company raised a total of RMB 720.81 million through a non-public offering of 80,001,664 shares at RMB 9.01 per share, with a net amount of RMB 705.94 million after deducting fees [1]. - The company also raised RMB 688.65 million through a public offering of convertible bonds, with the net amount verified by an accounting firm [2]. Reasons for Idle Funds - The company is progressing with its fundraising project investments but has some idle funds due to the construction timeline of these projects [2][3]. Cash Management Plan - The company intends to use up to RMB 438 million of idle funds, with a maximum of RMB 127 million from the non-public offering and RMB 311 million from the convertible bonds [3]. - The investment period will not exceed 12 months, and the funds can be rolled over within this timeframe [3]. - Investment products will be low-risk, ensuring the safety of the principal, including options like time deposits and structured deposits [3]. Risk Control Measures - The company will select reputable financial institutions for cash management and will implement strict oversight and risk assessment procedures [4][5]. - The internal audit department will supervise the cash management activities, ensuring compliance and timely reporting [5]. Impact on Operations - The cash management activities will not adversely affect the company's main business or the progress of fundraising project investments, while also providing additional investment returns [5][6]. Supervisory Opinions - The supervisory board supports the cash management plan, stating it will enhance fund efficiency and comply with relevant regulations [5][6].

Core Viewpoint - The company aims to enhance the efficiency of its raised funds by utilizing temporarily idle funds for cash management, ensuring safety and not affecting ongoing investment plans or normal operations [3][6]. Cash Management Overview - The amount used for cash management is RMB 5 million [5]. - The source of funds for this cash management is part of the temporarily idle funds raised from issuing convertible bonds [3][5]. - The cash management method involves a seven-day notice deposit with an annualized return rate of 0.65% [5][6]. - The cash management period is from June 30, 2025, to July 7, 2025, not exceeding 12 months [6]. Approval Process - The company held its fifth board meeting and supervisory board meeting on April 28, 2025, where it approved the use of up to RMB 400 million of temporarily idle funds for cash management, valid for 12 months from the approval date [5][6]. Impact on the Company - The use of idle funds for cash management will not affect the normal operation of investment projects and aims to improve fund utilization efficiency, thereby providing better returns for shareholders [6][7].

森林包装集团股份有限公司（以下简称"公司"或"森林包装"）于 2024 年 10 月 17 日召开第三届董事会第十次会议及第三届监事会第十次会议，分别审 议通过了《关于使用部分闲置募集资金进行现金管理的议案》，同意公司或全资 子公司为了提高募集资金的使用效率，增加募集资金利息收入，公司在确保募投 项目资金需求和资金安全的前提下，使用最高额不超过人民币 17,000 万元（含） 的暂时闲置募集资金进行现金管理，用于购买安全性高、流动性好、有保本约定 的理财产品、定期存款、结构性存款等。上述闲置募集资金进行现金管理事项自 董事会审议通过之日起 12 个月有效期内可以滚动使用，公司董事会授权总经理 在上述额度及相关要求范围最终审定并签署相关实施协议或合同等文件。保荐机 构对上述事项出具了无异议的核查意见。具体内容详见公司于 2024 年 10 月 18 日在上海证券交易所网站（www.sse.com.cn）上披露的《森林包装集团股份有限 公司关于使用部分闲置募集资金进行现金管理的公告》（公告编号：2024-062）。 一、开立募集资金理财产品专用结算账户情况 公司的全资子公司台州森林造纸有限公司，拟使用闲置募集资金 ...

Core Viewpoint - The company, Zhongzhong Technology (Tianjin) Co., Ltd., has announced the redemption of a structured deposit product, utilizing part of its idle raised funds for cash management, ensuring the safety and liquidity of investments [1][2]. Group 1: Redemption Details - The redeemed product is a structured deposit from Guangfa Bank, specifically the "Xinjiaxin 16" W version, linked to the Euro to US Dollar exchange rate [1][2]. - The total redemption amount is 136 million yuan, which has been returned to the raised funds account as of July 8, 2025 [2][3]. Group 2: Cash Management Plan - The company plans to use up to 900 million yuan of idle raised funds for cash management, focusing on high-security and liquid investment products [2][4]. - The investment period for this cash management plan is valid for 12 months from the date of board approval, with the possibility of rolling use within the specified limits [2][4]. Group 3: Financial Performance - In the last 12 months, the company has invested a total of 3.2076943 billion yuan in cash management, with actual recoveries amounting to 2.4696605 billion yuan and earnings of 26.5259 million yuan [3][4]. - The highest single-day investment in the last 12 months reached 998.6625 million yuan, representing 33.11% of the company's net assets at the end of 2024 [4].

Core Viewpoint - Fujian Qingshan Paper Co., Ltd. is utilizing part of its idle raised funds for cash management, specifically investing in structured deposits to enhance fund efficiency and increase overall company performance, thereby providing better returns for shareholders [1][2][10]. Cash Management Overview - Cash management is conducted through entrusted parties, namely China Everbright Bank and Bank of China, with a total amount of RMB 120 million allocated for structured deposits [1][2]. - The cash management aims to improve the efficiency of temporarily idle raised funds while ensuring the safety of the funds and the progress of investment projects [2][8]. Financial Details - The company has approved the use of up to RMB 600 million of temporarily idle raised funds for cash management within one year from the shareholders' meeting approval date [2][10]. - The structured deposits include products with varying terms, such as 90 days and 129 days, with expected annualized returns ranging from 0.6% to 2.00% [7][8]. Investment Projects - The company has shifted its investment focus from a previously stalled project to new projects, including a recovery technology upgrade and expansion of a pharmaceutical workshop, utilizing the remaining raised funds [4][5]. Recent Financial Indicators - As of March 31, 2025, the company's total assets were RMB 622.81 million, with total liabilities of RMB 188.58 million, resulting in a net asset value of RMB 434.23 million [9][10]. - The cash management investment of RMB 120 million represents 15.69% of the company's cash balance as of the latest reporting period [10]. Risk Management - The company has established internal controls to monitor the investment of idle funds, ensuring that the selected financial products are low-risk and do not affect the normal operation of the fundraising projects [7][9].

Core Viewpoint - The company has approved the continued use of idle raised funds for cash management, which is expected to enhance the efficiency and returns of the funds without affecting ongoing projects or operations [1][2]. Group 1 - The sixth Supervisory Board meeting was held on July 7, 2025, with all three supervisors present, and the meeting was conducted in accordance with relevant laws and regulations [1]. - The proposal to continue using idle raised funds for cash management was approved with unanimous consent from the supervisors [1]. - The company will utilize up to 200 million RMB of idle raised funds for cash management, with a usage period not exceeding 12 months from the date of board approval [1]. Group 2 - The Supervisory Board believes that the decision to use idle funds complies with regulatory guidelines and will not harm the interests of the company or minority shareholders [2]. - The cash management initiative is expected to improve the efficiency and returns of the raised funds while ensuring that ongoing investment projects and normal operations are not affected [2].

Core Viewpoint - Ziyan Food (603057) has experienced a decline in stock price, closing at 21.06 yuan, down 6.28% from the previous week, with a current market capitalization of 8.709 billion yuan [1] Company Announcements - The company has recovered 57 million yuan of principal from cash management products and continues to invest 35 million yuan in bank wealth management products [1] - The investment in bank wealth management products is managed by Bank of Communications, with a term of 29 days [1] - The board of directors approved the use of idle raised funds for cash management to enhance fund utilization efficiency and provide better returns for the company and its shareholders [1] - As of March 31, 2025, the company's monetary funds amounted to 449.1525 million yuan, with the cash management amount of 35 million yuan accounting for 7.79% of the total monetary funds [1]

Summary of Key Points Core Viewpoint - Huaxiang Co., Ltd. (603112) has shown a significant increase in stock price, reaching a near one-year high, indicating positive market sentiment and potential growth opportunities in the home appliance components sector [1]. Company Performance - As of July 4, 2025, Huaxiang's stock closed at 17.89 CNY, up 5.86% from the previous week [1]. - The stock reached a peak price of 19.02 CNY during the week, marking its highest point in nearly a year [1]. - The stock's lowest price during the week was recorded at 16.41 CNY [1]. - The company's total market capitalization is currently 9.646 billion CNY, ranking 5th out of 31 in the home appliance components sector and 1679th out of 5149 in the A-share market [1]. Financial Management - No new financial products were purchased, nor were there any redemptions during the reporting period from June 1 to June 30, 2025 [1]. - The company has previously decided to manage idle fundraising funds totaling up to 180 million CNY and temporarily idle convertible bond funds up to 200 million CNY [1]. - Over the past 12 months, the highest single-day investment in government bond reverse repos was 1.63452 billion CNY, generating a return of 2.0146 million CNY, with an outstanding amount of 434.37 million CNY [1]. - Other financial products included an investment of 40 million CNY in income certificates, which has been fully recovered with a profit of 412,700 CNY [1]. - The cumulative return from entrusted financial management over the past 12 months accounted for 1.49% of the net profit for the same period [1]. - The currently utilized financial management quota is 434.37 million CNY, with an unused quota of 1.56563 billion CNY, out of a total financial management quota of 2 billion CNY [1].

Core Points - The company has approved the use of idle raised funds for cash management, specifically investing in high-security, liquid, and capital-protected financial products, with a total amount not exceeding RMB 38 million [1][4] - The company has recently redeemed a structured deposit from Huaxia Bank, recovering the principal of RMB 21 million and earning a return of RMB 114,953.41 [2][3] - The cash management aims to enhance fund utilization efficiency and safeguard shareholder interests without affecting ongoing investment projects [2][5] Cash Management Overview - Cash management amount for this transaction is RMB 21 million [2][4] - The funds used for cash management are temporarily idle funds raised from the company's 2020 convertible bond issuance, which raised a net amount of approximately RMB 654.54 million [3][5] - The structured deposit has a maturity date of September 30, 2025, with expected annualized returns ranging from 1.00% to 2.10% [4][5] Financial Impact - As of March 31, 2025, the company's total assets were approximately RMB 2,922.28 million, with total liabilities of RMB 1,733.86 million and net assets attributable to shareholders of RMB 1,188.42 million [5][6] - The cash management amount represents 0.40% of the company's cash holdings at the end of the last reporting period [5][6] - The company has utilized a total of RMB 36.8 million in cash management over the past twelve months, with a maximum single-day investment of RMB 13.7 million [8]

Core Viewpoint - The company is utilizing part of its temporarily idle raised funds for cash management, specifically through large-denomination certificates of deposit, amounting to RMB 200 million [1][3]. Group 1: Cash Management Details - The cash management amount is RMB 200 million, aimed at improving the efficiency of fund usage and increasing returns for the company and its shareholders [3][6]. - The company has received approval to use up to RMB 220 million of temporarily idle raised funds for cash management, with a usage period not exceeding 12 months [2][6]. - The funds will be invested in low-risk, principal-protected financial products, ensuring that the investment does not affect the ongoing projects funded by the raised capital [3][7]. Group 2: Investment and Financial Management - The company has established a special account for managing the raised funds, which have been deposited in accordance with regulatory requirements [3][6]. - The investment products chosen are characterized by high safety and liquidity, and the company will ensure that the funds are returned to the special account upon maturity [6][7]. - The cash management activities will be reported in the financial statements according to new financial instrument standards [7].