Core Viewpoint - The company held a special meeting of the independent directors to discuss and approve adjustments regarding idle raised funds for cash management and the extension of the return of idle raised funds for temporary working capital supplementation [1][2] Group 1: Adjustments to Idle Raised Funds - The independent directors unanimously approved the proposal to adjust the cash management limit and duration for idle raised funds, stating that it complies with relevant laws and regulations, and is beneficial for improving cash management returns without affecting the implementation of fundraising projects [1] - The voting result for this proposal was 3 votes in favor, 0 against, and 0 abstentions [2] Group 2: Extension of Idle Raised Funds - The independent directors also approved the proposal to extend the return of idle raised funds and continue using them for temporary working capital, emphasizing that this decision is legal and compliant, enhances the efficiency of fund usage, and does not impact the normal progress of investment projects [1] - The voting result for this proposal was similarly 3 votes in favor, 0 against, and 0 abstentions [2]

Group 1 - The company held its 44th meeting of the 5th Board of Directors on June 16, 2025, to discuss various proposals [2][3] - The Board approved the proposal to register and issue non-financial corporate debt financing instruments in the interbank bond market, with a total amount not exceeding RMB 1 billion [14][15] - The Board also approved the establishment of an information disclosure management system for the debt financing instruments [6][7] Group 2 - The company plans to use part of its idle raised funds for cash management, not exceeding RMB 300 million, to invest in safe and liquid financial products [22][26] - The cash management period is set for up to 12 months from the date of the Board's approval [28] - The company aims to enhance the efficiency of fund utilization and generate better returns for shareholders through this cash management strategy [33][34] Group 3 - The company will convene the 5th Extraordinary General Meeting on July 3, 2025, to review the proposals approved by the Board [10][38] - The meeting will be conducted both in-person and via online voting, ensuring compliance with relevant regulations [39][40] - Shareholders can participate in the meeting based on the registration rules outlined by the company [41][42]

Group 1 - The company held the 36th meeting of the 5th Supervisory Board on June 16, 2025, with all three supervisors present, and the meeting was chaired by Mr. Zhang Tao [1] - The Supervisory Board approved the proposal for the registration and issuance of non-financial corporate debt financing instruments in the interbank bond market, which is deemed beneficial for optimizing the company's capital structure and expanding financing channels [1][3] - The proposal will be submitted to the company's fifth extraordinary general meeting of shareholders for review [3] Group 2 - The Supervisory Board also approved the use of up to RMB 300 million of temporarily idle raised funds for cash management, which complies with relevant regulations and is expected to enhance the efficiency of fund utilization [1][3] - The decision regarding cash management received unanimous approval from the supervisors [3]

Group 1 - The company held its sixth meeting of the fourth Supervisory Board on June 13, 2025, with all three supervisors present, and the meeting was deemed legally valid [1] - The Supervisory Board approved the use of self-raised funds amounting to 22.3779 million yuan for pre-investment in fundraising projects and payment of part of the issuance costs totaling 4.4262 million yuan, which complies with relevant regulations [1] - The company plans to use no more than 300 million yuan of idle raised funds for cash management, which is expected to enhance fund utilization efficiency and provide better returns for shareholders [2][3] Group 2 - The company intends to temporarily supplement working capital with up to 15 million yuan of idle raised funds, which aligns with regulatory requirements and aims to improve fund efficiency [3] - The Supervisory Board also approved the use of part of the excess raised funds for permanent working capital supplementation, which is expected to lower financial costs and enhance fund utilization [4]

Core Viewpoint - The company has approved the use of up to RMB 150 million of idle raised funds for cash management, ensuring that it does not affect the progress of investment projects and effectively controls risks [1][2]. Group 1: Cash Management Approval - The company held its 22nd meeting of the 3rd Board of Directors and the 20th meeting of the 3rd Supervisory Board on August 15, 2024, where it approved the cash management proposal [1]. - The cash management period is valid for 12 months from the date of approval, allowing for rolling use within the specified limit [1]. Group 2: Investment Products - The company plans to invest in structured deposits and other financial products, with a total subscription amount not exceeding RMB 150 million [1]. - Specific products include structured deposits from Suzhou Bank and CITIC Bank, with expected annualized returns to be determined [1][2]. Group 3: Impact on Daily Operations - The use of idle funds for cash management is based on principles of standardized operations, risk prevention, and cautious investment, ensuring that it does not affect the company's daily operations or the normal progress of investment projects [2]. - This approach aims to improve fund utilization efficiency and generate investment returns for the company and its shareholders [2]. Group 4: Previous Cash Management Activities - In the past 12 months, the company has utilized idle raised funds for cash management, with a cumulative balance of RMB 100 million, which is within the authorized cash management limit [3].

Core Viewpoint - Parker New Material (605123) has shown a positive stock performance, with a closing price of 65.85 yuan as of June 13, 2025, reflecting a 2.63% increase from the previous week [1] Group 1: Stock Performance - The stock reached a one-year high of 69.93 yuan on June 12, 2025, and a low of 62.66 yuan on June 9, 2025 [1] - The current total market capitalization is 7.979 billion yuan, ranking 27th out of 46 in the aerospace equipment sector and 1953rd out of 5150 in the A-share market [1] Group 2: Company Announcements - Parker New Material announced the continued use of 230 million yuan of temporarily idle raised funds for cash management [1] - The company decided to use up to 800 million yuan of temporarily idle raised funds for cash management, which can be rolled over [1] - The previous investment of 300 million yuan in structured deposit products from Bank of China has matured, returning a total of 303,418,019.26 yuan [1] Group 3: Investment Details - The new investment of 230 million yuan is divided into three structured deposit products: 102 million yuan with Bank of China (97 days, annual yield of 0.6% to 3.0151%), 98 million yuan with Bank of China (95 days, annual yield of 0.6% to 3.0149%), and 30 million yuan with Ningbo Bank (94 days, annual yield of 1.00% to 2.00%) [1] - The company has internal controls in place to manage risks associated with entrusted financial management, ensuring the safety of funds [1] - The purchased financial products are principal-protected structured deposits, which do not affect the normal progress of fundraising projects [1] - The latest cash and cash equivalents amount to 1.469 billion yuan, with the new bank investment accounting for 15.66% of the company's cash [1] - According to the accounting standards, the subscribed financial products will be recorded as trading financial assets on the balance sheet and will be reclassified to cash upon maturity, with the returns recorded as investment income [1]

Summary of Key Points Core Viewpoint - Runyang Technology (300920) has seen a stock price increase, reaching a recent high, while making strategic adjustments to its cash management of idle fundraising funds [1]. Company Announcements - Runyang Technology's stock closed at 47.99 yuan as of June 13, 2025, up 2.13% from the previous week, with a market cap of 4.799 billion yuan, ranking 30th in the plastic sector and 3022nd in the A-share market [1]. - The company held its 16th board meeting and 13th supervisory meeting, approving an adjustment to the cash management limit for idle fundraising funds from 100 million yuan to 180 million yuan, aimed at improving fund efficiency and increasing company returns [1][3]. - Runyang Technology has repaid 15 million yuan of idle fundraising funds that were temporarily used to supplement working capital, with the repayment period not exceeding 12 months [1][3].

截至2025年6月13日收盘，国电南瑞（600406）报收于22.38元，较上周的22.37元上涨0.04%。本周，国 电南瑞6月12日盘中最高价报22.58元。6月10日盘中最低价报22.1元。国电南瑞当前最新总市值1797.58 亿元，在电网设备板块市值排名1/120，在两市A股市值排名65/5150。 公司于2024年8月27日召开第八届董事会第二十五次会议、第八届监事会第十八次会议，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》。此次现金管理产品涵盖中信银行、招商银行和交 通银行的结构性存款，产品期限设定为60至61天，预计年化收益率范围在1.00%至2.18%，收益类型均 为保本浮动收益型。 国电南瑞募集资金总额为6,103,279,992.42元，扣除发行费用后的净额为6,020,040,632.51元。公司及其募 投项目实施子公司已按规定开立募集资金专项账户，并签订募集资金监管协议，确保募集资金使用安 全。公司独立董事、监事会有权对现金管理使用情况进行监督与检查。 本次现金管理不会影响募投项目的建设和主营业务的发展，有助于提高募集资金使用效率和现金资产收 益，符合公司及全体股东的利益 ...

Core Viewpoint - Beijing Qianfang Technology Co., Ltd. has approved the temporary use of idle raised funds for cash management, allowing the company to utilize up to RMB 700 million for purchasing low-risk financial products to enhance fund efficiency and returns [9][10][39]. Group 1: Fund Management Decisions - The company held its 11th board meeting on June 13, 2025, where it approved the use of idle raised funds for cash management [4][32]. - The board authorized the chairman to make investment decisions and the finance management center to handle the necessary procedures for cash management [10][18]. - The cash management will not affect the normal operation of the fundraising projects and does not constitute a related party transaction [10][39]. Group 2: Fundraising Background - The company raised a total of RMB 1,899.99 million through a non-public offering of shares, with a net amount of RMB 1,876.32 million after deducting issuance costs [11][37]. - As of May 31, 2025, the company had a remaining balance of RMB 950.84 million in its special account for raised funds, after accounting for various expenditures [11][12]. Group 3: Cash Management Details - The cash management plan allows for the investment in safe and liquid financial products, with a maximum investment period of 12 months [10][14]. - The company has established a special settlement account for cash management, which is strictly for idle raised funds and cannot be used for other purposes [40][41]. - A tripartite supervision agreement has been signed with the bank and the sponsor to ensure compliance with regulations [40][41].

Group 1 - The company approved the use of up to RMB 200 million of idle raised funds for cash management, ensuring it does not affect the progress and safety of the investment projects [1][2] - The company has redeemed a structured deposit product with a principal of RMB 30 million, earning a financial return of RMB 53,000 [1][2] - As of the announcement date, there are no overdue amounts related to the purchased products, and the balance of raised funds used for purchasing products is RMB 0 [2]