Group 1 - The sixth meeting of the board of supervisors of Beijing Qianfang Technology Co., Ltd. was held on June 13, 2025, with all three supervisors present, and the meeting complied with the Company Law and Articles of Association [1] - The board approved the use of 700 million yuan of temporarily idle raised funds for cash management, which was deemed to follow necessary approval procedures and align with regulations regarding the use of raised funds [1] - The board concluded that the cash management would enhance the efficiency of fund utilization and generate investment returns without affecting the normal operation of investment projects or harming shareholder interests [1]

证券代码：300918 证券简称：南山智尚 公告编号：2025-071 山东南山智尚科技股份有限公司 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 山东南山智尚科技股份有限公司（以下简称"公司"）第三届监事会第八 次会议于2025年6月13日（星期五）以现场与通讯相结合的方式在公司会议室 召开，会议通知已于2025年6月3日通过电子邮件、传真、专人送达等方式送达 各位监事，通知中包括会议的相关资料，同时列明了会议的召开时间、地点、内 容和方式。本次会议由公司监事会主席宋强先生召集并主持，应出席监事人数5人， 亲自出席监事人数5人，委托出席监事人数0人。 本次会议的召集、召开和表决程序符合《中华人民共和国公司法》等法律法 规和《公司章程》《监事会议事规则》的有关规定，所作决议合法有效。 二、监事会会议审议情况 表决结果：5 票同意，0 票反对，0 票弃权。 三、备查文件 经审核，监事会认为：公司本次使用不超过人民币 5,000 万元的闲置募集 资金进行现金管理，不影响募集资金投资项目的正常进展，不存在变相改变募 集资金用途的情况，有利于 ...

Core Viewpoint - The company has successfully recovered a total of 143,100 million RMB from cash management products, generating a return of 788.95 million RMB, and continues to manage idle raised funds for financial investments [1][3][4]. Cash Management Recovery Situation - The company and its subsidiaries recovered a total of 143,100 million RMB from cash management products on June 11 and June 12, 2025, with a total return of 788.95 million RMB [1][3][4]. - The recovered principal and earnings have been deposited into the fundraising account [3]. Ongoing Cash Management Progress - The company held board meetings on August 27, 2024, to approve the use of idle raised funds for cash management [1][4]. - The cash management is based on idle raised funds, ensuring the safety of the raised funds through specialized accounts and agreements with independent financial advisors [4][5]. Cash Management Product Details - The company has entered into agreements for structured deposit products with various banks, including: - **CITIC Bank**: 15,300 million RMB in a structured deposit with expected annual returns of 1.00%, 1.68%, or 2.18% [9]. - **China Merchants Bank**: 45,300 million RMB in a structured deposit with expected returns of 2.10% or 2.30% [9]. - The products are designed to be low-risk, with a focus on capital preservation and liquidity [8][9]. Fundraising Background - The company raised 6,020,040,632.51 RMB through a non-public offering approved by the China Securities Regulatory Commission, with all funds received by April 8, 2018 [4]. - The company has established specialized accounts for managing the raised funds in compliance with regulatory requirements [4].

Core Viewpoint - The company intends to utilize part of its idle raised funds for cash management to enhance fund efficiency and increase shareholder returns [1][2][5] Fundraising Overview - The company raised a total of RMB 403,490,205.00 through its initial public offering, issuing 20,000,000 shares at a price of RMB 22.92 per share [1] - The total investment amount for the projects funded by the raised capital is RMB 520,000,000, with an adjusted amount of RMB 403,490,200 planned for investment [1] Cash Management Plan - The company plans to use up to RMB 220,000,000 of temporarily idle raised funds for cash management within a 12-month period [2][5] - The cash management products will be of high safety, good liquidity, and low risk, with a maturity not exceeding 12 months [2] Decision-Making Process - The board of directors approved the cash management plan, ensuring it does not affect the construction of fundraising projects or the company's normal operations [4][5] - The supervisory board also approved the plan, affirming it aligns with regulatory requirements and benefits the company and shareholders [5] Regulatory Compliance - The cash management plan complies with relevant regulations from the Shenzhen Stock Exchange and does not constitute a related party transaction [4][5] - The sponsor institution has verified that the plan adheres to legal and regulatory standards, ensuring no alteration of the intended use of raised funds [5][6]

Group 1 - The company approved the use of temporarily idle raised funds for cash management, with a maximum amount not exceeding 1,150 million RMB [1] - The investment will be in high-security and high-liquidity products, with a maximum investment period of 12 months [1] - The company will strictly comply with the relevant regulations of the Shanghai Stock Exchange regarding the management of raised funds [1] Group 2 - As of the date of the announcement, the balance of idle raised funds used for cash management is reported [2] - Specific details regarding the cash management products and their performance are provided, including the actual returns and maturity dates [2]

Core Viewpoint - The company is utilizing temporarily idle raised funds for cash management through structured deposits, aiming to enhance fund efficiency and returns for shareholders [1][2]. Summary by Sections Previous Cash Management Redemption - The company redeemed a previous cash management product, recovering a principal of 300 million yuan and earning a return of 3,418,019.26 yuan, which has been returned to the fundraising account [2]. Overview of Current Cash Management - The total investment amount for the current cash management is 230 million yuan [2]. - The funds are sourced from a non-public stock issuance approved by the China Securities Regulatory Commission, raising a net amount of 1,582.9393 million yuan [2]. Investment Details - The investment is allocated into three structured deposit products with the following details: - Product 1: 102 million yuan, annual yield of 0.6% to 3.0151%, term of 97 days [3]. - Product 2: 98 million yuan, annual yield of 0.6% to 3.0149%, term of 95 days [3]. - Product 3: 30 million yuan, annual yield of 1.00% to 2.00%, term of 94 days [3]. Internal Control on Investment Risks - The company has established internal controls for monitoring the use of funds, with the finance department responsible for implementation and oversight [4][5]. Trustee Information - The trustee banks for the structured deposits are China Bank and Ningbo Bank, both of which are publicly listed and have no related party relationships with the company [6]. Financial Impact - As of March 31, 2025, the company's cash and cash equivalents amounted to 1,469,175,694.50 yuan, with the current investment representing 15.66% of this amount [7]. - The investment in structured deposits will not affect the normal operation of fundraising projects and is expected to enhance the efficiency of fund usage [7]. Accounting Treatment - The investment in structured deposits will be recorded as trading financial assets on the balance sheet and will be settled as cash upon maturity, with returns recognized as investment income [8].

Core Viewpoint - The company has approved the use of idle raised funds for cash management, allowing up to RMB 600 million for purchasing short-term financial products with high safety and liquidity, without affecting the implementation of investment projects [1] Group 1: Cash Management Details - The company has invested RMB 50 million in a structured deposit at Industrial Bank, with a term of approximately 186 days and an expected annual yield of 1.20%-1.80% [1] - The structured deposit is classified as a principal-protected floating income type with a low-risk rating (R1) [1] Group 2: Previous Cash Management Activities - As of the announcement date, the total amount of idle raised funds used for cash management that are not yet due is RMB 85 million, which is within the approved limits for cash management [3]

Group 1 - The company has approved the use of idle raised funds for cash management, allowing up to 300 million yuan for purchasing safe and liquid financial products [1] - The board of directors has authorized the chairman to sign relevant contracts, with the finance department responsible for implementation [1] - The supervisory board and the sponsor institution have expressed clear agreement on the matter [1] Group 2 - The company redeemed a structured deposit product worth 40 million yuan, with the principal and earnings returned to the raised funds account [2] - The structured deposit was with Huaxia Bank, and the actual earnings from the investment amounted to 77,150.68 yuan [2]

Core Viewpoint - The company has approved the use of idle fundraising for cash management, allowing investment in safe, liquid principal-protected products up to a maximum of RMB 1.5 billion [2][11]. Group 1: Cash Management Overview - The company plans to use idle funds from its non-public stock issuance to invest in principal-protected financial products, enhancing the efficiency and returns of the raised funds while ensuring no impact on ongoing projects [4][9]. - The cash management will involve a maximum of RMB 800 million in a structured deposit product from Hangzhou Bank, with a term of 364 days [6][10]. Group 2: Financial Product Redemption - The company redeemed a structured deposit product from Hangzhou Bank worth RMB 50 million, receiving the principal and a return of RMB 585,900 on June 6, 2025 [3]. Group 3: Financial Situation and Impact - As of March 31, 2025, the company's cash reserves were RMB 1,874.59 million, with the cash management investment representing 4.27% of total cash, indicating minimal impact on financial health [11]. - The use of idle funds for cash management is expected to improve fund utilization efficiency and generate returns for shareholders without affecting the company's operational projects [11].

Core Points - Tianmu Lake (603136) closed at 12.6 yuan on June 6, 2025, up 10.53% from the previous week [1] - The company's total market capitalization is 3.404 billion yuan, ranking 16th out of 22 in the tourism and scenic area sector and 3929th out of 5148 in the A-share market [1] Company Announcements - The company approved the use of up to 210 million yuan of idle raised funds for cash management on January 10, 2025, and later increased this amount to a total of 300 million yuan [1] - On June 3, 2025, the company subscribed to two structured deposits with Industrial Bank Co., Ltd., totaling 90 million yuan, with terms of 26 days and 208 days [1] - The funds for cash management come from the net proceeds of 289.731 million yuan from a public convertible bond issuance, primarily for the "Nanshan Xiaozhai Phase II Project" and "Yushui Hot Spring (Phase I) Renovation Project" [1] - As of March 31, 2025, the company's total assets were 1.776 billion yuan, with cash and cash equivalents of 525.464 million yuan, making the cash management amount 17.13% of the latest cash balance [1]