Core Viewpoint - Jiangsu Hualan Pharmaceutical New Materials Co., Ltd. has approved the use of idle raised funds and self-owned funds for cash management, with a total limit of up to RMB 1.3 billion, which includes RMB 950 million from raised funds and RMB 350 million from self-owned funds [2][4]. Group 1: Cash Management Approval - The company held meetings on November 29, 2024, and December 18, 2024, to approve the cash management proposal [2]. - The cash management period is set for 12 months from the date of shareholder approval [2]. Group 2: Redemption of Cash Management Products - The company has redeemed cash management products using idle raised funds, with specific details on the amounts and types of products involved [2][3]. - The redemption includes various structured deposit products from banks such as China Everbright Bank and Ningbo Bank [3][6]. Group 3: Cash Management Situation - The company has utilized idle raised funds and self-owned funds for cash management, with a total of RMB 1.013 billion remaining in cash management products, including RMB 818 million from raised funds and RMB 195 million from self-owned funds [8]. - The cash management activities are conducted without affecting the company's daily operations and the normal progress of investment projects [5][6]. Group 4: Related Party Relationships - There are no related party relationships between the company and the banks involved in the cash management products [3].

Core Points - Xishan Technology (688576) closed at 62.5 yuan on June 13, 2025, down 1.64% from the previous week [1] - The company's total market capitalization is 2.844 billion yuan, ranking 101 out of 126 in the medical device sector and 4316 out of 5150 in the A-share market [1] Company Announcements - The Supervisory Board approved two resolutions: - To use up to 1 billion yuan of temporarily idle self-owned funds for cash management to improve fund utilization efficiency and enhance company performance [1][3] - To use up to 700 million yuan of temporarily idle raised funds for cash management, ensuring that the investment plan for raised funds proceeds normally [1][3] Fund Management Details - Dongfang Securities, as the sponsor, conducted a thorough review of the company's use of idle raised funds for cash management, confirming it would enhance fund efficiency without harming shareholder interests [2] - The total amount raised in the IPO was approximately 1.799 billion yuan, with a net amount of about 1.631 billion yuan [2] - The company plans to invest the idle raised funds in safe and liquid products, with a maximum investment period of 12 months [2]

Summary of Key Points Core Viewpoint - Changqing Technology (001324) has experienced a slight decline in stock price, closing at 18.23 yuan as of June 13, 2025, down 0.98% from the previous week, with a total market capitalization of 2.516 billion yuan [1][2]. Trading Information - On June 10, Changqing Technology executed a block trade with a transaction amount of 2.197 million yuan [2][3]. Company Announcements - The company held its 12th meeting of the 4th Board of Directors and the 12th meeting of the 4th Supervisory Board, approving a proposal to use up to 290 million yuan of idle raised funds (including over-raised funds) and up to 180 million yuan of idle self-owned funds for cash management [2]. - The company plans to invest in low-risk, high-liquidity financial products with a maximum investment term of 12 months [2]. - The total amount raised from the initial public offering was 651.36 million yuan, with a net amount of 574.06 million yuan after deducting issuance costs [2]. - The raised funds will be allocated to projects including the expansion of composite material production capacity, the establishment of a technology research and development center, the upgrade of the marketing network, and the replenishment of working capital [2]. - CITIC Securities Co., Ltd. has expressed agreement with the aforementioned proposal [2].

Group 1 - The stock price of Demingli (001309) increased by 0.44% to 119.78 yuan as of June 13, 2025, with a market capitalization of 19.377 billion yuan, ranking 54th in the semiconductor sector and 803rd in the A-share market [1][3] - The number of shareholders decreased by 147 to 23,300, a reduction of 0.63%, with an average holding value of 823,000 yuan per shareholder [1][3] - The company announced the use of 20 million yuan to purchase a one-month structured deposit from Jiangsu Bank, with an expected annual yield of 1.2%-1.95% [1][3] Group 2 - The company provided a cumulative guarantee amounting to 168.048 million yuan for its wholly-owned subsidiary, Yuande (Hong Kong) Limited, which represents 23.52% of the company's audited net assets for 2024 [2][3] - The company plans to provide a total guarantee limit of up to 300 million yuan for Yuande, which was approved at the 2024 annual general meeting [2] - Yuande has signed a comprehensive credit contract with CITIC Bank Shenzhen Branch, with a credit limit of 100 million yuan [2]

Core Viewpoint - The company plans to utilize idle funds for cash management, ensuring that it does not affect the normal operation of fundraising projects and maintains the safety of the funds [2][5]. Group 1: Cash Management Plan - The company intends to use up to RMB 150 million of idle fundraising funds for cash management, focusing on low-risk financial products with high liquidity [2]. - Additionally, the company plans to use up to RMB 450 million of idle self-owned funds for cash management, allowing for rolling use within this limit [2]. - The board has authorized a specific individual to make investment decisions within the approved limits [2]. Group 2: Investment Details - As of June 9, 2025, the company has signed agreements to purchase financial products using RMB 70 million from China Bank and RMB 30 million from Founder Securities, totaling RMB 100 million [3]. - The company redeemed a total principal of RMB 450 million from these investments, receiving a return of RMB 4.2969 million [3]. Group 3: Risk Control Measures - The company will adhere to strict investment principles, ensuring that the cash management products have a maturity of no more than 12 months and are not used for securities investments [5]. - The finance department will continuously analyze and assess the investment products to mitigate any potential risks [5]. - Independent directors and the supervisory board have the authority to question and supervise the use of funds, with provisions for third-party audits if necessary [5]. Group 4: Impact on Operations - The use of idle funds for cash management will not impact the implementation of fundraising projects or the normal development of the company's main business [5]. - Engaging in low-risk investments is expected to enhance fund utilization efficiency and improve operational performance, benefiting all shareholders [5].

Core Viewpoint - Ningbo Yibin Electronic Technology Co., Ltd. has approved the use of up to RMB 300 million of idle raised funds for cash management, with a usage period of 12 months from the date of board approval [1] Group 1: Cash Management Details - The company will use idle raised funds for cash management, with a maximum amount of RMB 300 million [1] - The cash management products include various types, with expected annualized returns ranging from 0.70% to 1.40% [1] - The company has previously used raised funds for cash management, with an amount of RMB 75 million in financial products that have not yet matured [4] Group 2: Risk Control Measures - The company will adhere to relevant regulations and guidelines for cash management, ensuring compliance with laws and internal policies [2] - The finance department will regularly verify account balances and maintain close communication with financial institutions to monitor fund operations [2] - The supervisory board and independent directors have the authority to oversee the use of funds and may engage professional institutions for audits if necessary [2] Group 3: Impact on Daily Operations - The company will follow accounting standards for financial instruments when accounting for cash management products [3] - The use of idle funds for cash management is aimed at improving fund efficiency and generating returns without affecting project construction or normal operations [3]

Core Viewpoint - The company plans to utilize its temporarily idle funds for short-term cash management, aiming to enhance investment returns while ensuring operational liquidity and safety [1][2]. Group 1: Meeting Details - The company's eighth supervisory board held its second meeting on June 13, 2025, with all three supervisors present, complying with the Company Law and Articles of Association [1]. - The meeting was convened via written, telephone, or email notifications [1]. Group 2: Cash Management Proposal - The company intends to use up to RMB 200 million of its temporarily idle funds for short-term cash management, specifically to purchase high-security, liquid bank financial products [1][2]. - The investment period for these financial products is set for 12 months, with the possibility of rolling usage within the specified limit [1]. Group 3: Supervisory Board Approval - The supervisory board concluded that the proposed use of idle funds for cash management would not affect the company's daily operations and would help improve cash returns while reducing financial costs [2].

Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds and self-owned funds for cash management to improve fund efficiency while ensuring that it does not affect the normal operation of fundraising investment projects [1][9]. Fundraising Basic Situation - The company has successfully raised a total of RMB 510 million by issuing 17 million shares at a price of RMB 30 per share, with a net amount of RMB 458.57 million after deducting issuance costs of RMB 51.43 million [1][2]. Fundraising Investment Project Situation and Reasons for Idleness - As of May 31, 2025, the company has a balance of RMB 200.74 million in raised funds, which includes interest income and cash management returns. The total amount invested from the raised funds is RMB 260.47 million, indicating that part of the funds is temporarily idle due to the construction cycle of investment projects [2][3]. Previous Cash Management Usage - The company approved a plan to use up to RMB 300 million of temporarily idle raised funds and self-owned funds for cash management, ensuring that it does not affect the normal operation and safety of funds [4][8]. Current Cash Management Situation - The company intends to use up to RMB 200 million of temporarily idle raised funds and up to RMB 1.2 billion of self-owned funds for cash management, with a usage period of 12 months from the approval date [5][6]. Investment Products - The company plans to invest in high-security, liquid products such as structured deposits, large certificates of deposit, and other principal-protected products, with a holding period not exceeding 12 months [5][6]. Authorization and Implementation - The cash management plan requires approval from the board of directors and the shareholders' meeting, with the finance department responsible for implementation [6][8]. Information Disclosure - The company will fulfill its information disclosure obligations in accordance with relevant regulations and guidelines [6][8]. Revenue Distribution - The income from cash management using self-owned funds will be used to supplement the company's working capital, while the income from temporarily idle raised funds will be managed according to regulatory requirements [6][8]. Impact on Daily Operations - The cash management plan is designed to enhance fund efficiency and generate returns without affecting the company's normal operations or fundraising investment projects [7][8]. Review Procedures and Opinions - The board of directors and the supervisory board have approved the cash management plan, affirming that it aligns with the company's interests and does not alter the purpose of the raised funds [8][9].

Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds and self-owned funds for cash management, with a maximum limit of 200 million yuan for idle raised funds and 1.2 billion yuan for self-owned funds, ensuring that it does not affect the normal operation and investment plans of the company [1][4][8]. Summary by Sections 1. Basic Situation of Raised Funds - The company has completed its initial public offering, raising a total of 510 million yuan, with a net amount of 458.57 million yuan after deducting issuance costs [2][3]. 2. Reasons for Temporary Idleness of Raised Funds - As of May 31, 2025, the balance of raised funds is 200.74 million yuan, and the company anticipates a temporary idle situation due to the construction cycle of investment projects [2][3]. 3. Previous Cash Management Usage - In September 2024, the company approved the use of up to 300 million yuan of temporarily idle raised funds and 500 million yuan of self-owned funds for cash management, valid for 12 months [3][4]. 4. Purpose of Cash Management - The cash management aims to improve the efficiency of fund usage while ensuring the safety of funds and not affecting the company's normal operations [4][7]. 5. Cash Management Limits and Duration - The company intends to use up to 200 million yuan of temporarily idle raised funds and 1.2 billion yuan of self-owned funds for cash management, with a validity period of 12 months from the approval date [4][5]. 6. Types of Investment Products - The company plans to invest in high-security, liquid products such as structured deposits, large certificates of deposit, and other principal-protected products, with a holding period not exceeding 12 months [4][5]. 7. Authorization and Implementation - The board of directors and the supervisory board have approved the cash management proposal, which will require shareholder approval for implementation [5][8]. 8. Disclosure of Information - The company will comply with relevant disclosure requirements and ensure transparency in its cash management activities [5][8]. 9. Impact on Daily Operations - The cash management will not affect the company's daily operations or the normal progress of investment projects, aiming to enhance fund efficiency and shareholder returns [7][8]. 10. Review Procedures and Opinions - The board and supervisory board have unanimously agreed that the cash management is beneficial for improving fund efficiency and does not alter the purpose of raised funds [7][8].

Meeting Information - The first extraordinary general meeting of shareholders for 2025 will be held on June 30, 2025 [1][2] - The meeting will be convened by the company's board of directors and complies with relevant laws and regulations [1][2] - Shareholders can vote through the Shenzhen Stock Exchange trading system or the internet voting system on the same day [1][2] Voting Details - The record date for shareholders to participate is June 23, 2025 [2] - All registered shareholders with voting rights can attend the meeting, and those unable to attend can appoint a proxy [2][3] - The meeting will take place at the company's headquarters in Qinhuangdao, Hebei Province [2] Agenda Items - The meeting will discuss several proposals, including amendments to the remuneration management system and the dividend return plan for the next three years [2][3] - Proposals will be categorized into non-cumulative voting and cumulative voting, with specific requirements for approval [2][3][6] - Special resolutions require more than two-thirds of the voting rights held by attending shareholders, while ordinary resolutions require a simple majority [2][3] Registration and Attendance - On-site registration will occur on June 27, 2025, with specific documentation required for attendance [3][4] - Shareholders must bring relevant identification and documentation for registration [3][4] Network Voting Process - The company provides a network voting platform for shareholders to participate in the voting process [9][10] - Detailed procedures for both non-cumulative and cumulative voting are outlined, ensuring shareholders understand how to allocate their votes [9][10]