Group 1 - The core point of the article is that Songdu Service (09608.HK) has announced a strategic move to utilize its idle funds for better returns by entering into structured deposit agreements with China Minsheng Bank [1] Group 2 - The company’s subsidiary, Hangzhou Qiyu, will invest RMB 9.9 million in a structured deposit product [1] - Another subsidiary, Zhejiang Hechen, will invest RMB 16 million in a structured deposit product [1] - The agreements are aimed at optimizing the use of the group's internal funds [1]

Core Viewpoint - Songdu Service (09608) aims to optimize its idle funds for better returns by entering into structured deposit agreements with China Minsheng Bank [1] Group 1: Investment Agreements - The company’s subsidiary, Hangzhou Qiyu, has agreed to subscribe to a structured deposit product worth RMB 9.9 million with China Minsheng Bank [1] - Another subsidiary, Zhejiang Hechen, has agreed to subscribe to a structured deposit product worth RMB 16 million with China Minsheng Bank [1]

此外，公司通过北京贝黎诗及上海美丽田园医疗健康，(i)于2025年11月28日根据11月28日认购自浦发银 行认购金额为人民币1000万元；(ii)于2025年11月21日根据11月21日认购自浦发银行认购金额为人民币 7000万元；(iii)于2025年10月9日根据10月9日认购自浦发银行认购金额为人民币8000万元的保本理财产 品，上述所有产品于本公告日期均仍尚未到期。 格隆汇12月30日丨美丽田园医疗健康(02373.HK)公告，于2025年12月30日，为有效利用闲置资金，北京 贝黎诗根据12月30日认购自浦发银行认购总金额为人民币8000万元的保本理财产品。 ...

Core Viewpoint - HeMai Co., Ltd. (688032.SH) announced the use of temporarily idle raised funds for cash management, amounting to no more than RMB 2.2 billion, to enhance fund utilization efficiency and increase returns for the company and its shareholders [1] Group 1 - The company plans to utilize temporarily idle raised funds for cash management [1] - The amount allocated for this purpose is capped at RMB 2.2 billion [1] - The objective is to improve fund utilization efficiency and increase cash asset returns [1]

Core Viewpoint - The company, Lu Master (03601), has announced a strategic move to utilize its idle funds for better returns by entering into a structured deposit agreement with China Merchants Bank (600036) [1] Group 1: Financial Agreement - The subsidiary Chengdu Mijia You has agreed to subscribe to a structured deposit product worth RMB 50 million with China Merchants Bank [1] - The subscription funds are derived from the redeemed principal under a previous structured deposit agreement [1]

Core Viewpoint - Shenzhen Holdings (00604) announced a loan agreement involving its indirect non-wholly owned subsidiary, Shenzhen Taiyun Tong, which will provide loans to its shareholders based on their equity stakes in the company [1] Group 1: Loan Agreement Details - The total principal amount of the loans to be provided by Shenzhen Taiyun Tong is RMB 1.29 billion and RMB 1.24 billion to its shareholders, namely Shenye Tairan and Shenzhen Metro Property [1] - The loan financing term is set for 36 months from the date of the first loan disbursement, with the option for the lender to disburse the loans in one or multiple batches based on the borrower's funding needs [1] - The loans will be charged a fixed annual interest rate of 0.05%, which will remain unchanged throughout the loan period [1] Group 2: Company Operations and Financial Strategy - Shenzhen Taiyun Tong is primarily engaged in the development and construction of a residential project located in Shenzhen, which has already been completed and has generated surplus cash [1] - The company does not have significant capital needs, allowing it to effectively utilize surplus cash by providing loans to its shareholders based on their respective equity stakes, with all loans funded from the company's internal idle resources [1] - The interest rate for the loan agreement was determined by referencing current market savings rates, and the terms of the loan agreement were negotiated fairly among the parties involved [1]

Group 1 - The company announced a board meeting on September 26, 2025, to approve a proposal for providing entrusted loans [1] - The company plans to provide a loan of 120 million RMB to Zhonghui City through China Bank, aiming to effectively utilize idle funds [1] - The loan will have a term of 12 months, with an annual interest rate of 5%, designated for purchasing raw materials [1] Group 2 - Shandong Caihui Holding Group will provide joint liability guarantees for the loan [1] - Zhonghui City and Caihui Holding will offer part of their real estate and land use rights as collateral for the loan [1]

Group 1 - The company, Lu Master (03601), announced the maturity and redemption of all principal from its structured deposit product under agreement XLVI [1] - To optimize the use of idle funds for better returns, the company’s subsidiary, Chengdu Mijia You, entered into a new structured deposit agreement XLVII with China Merchants Bank, agreeing to subscribe to a structured deposit product worth RMB 50 million [1] - The subscription funds for the new structured deposit product are derived from the redeemed principal of the previous agreement XLVI [1]

Core Viewpoint - The company, Shichuang Energy, is actively managing its financial resources and risk exposure through strategic decisions made in recent board and shareholder meetings, including the temporary use of idle funds and the initiation of hedging activities [2][3][4]. Group 1: Financial Management - Shichuang Energy plans to use up to 40 million yuan of idle raised funds to temporarily supplement working capital, with a usage period not exceeding 12 months [2][4][6]. - The company aims to improve the efficiency of fund utilization and reduce operational costs through this measure [3][4]. Group 2: Risk Management - The company has decided to engage in commodity futures and foreign exchange hedging activities to mitigate risks associated with raw material price fluctuations and exchange rate volatility [2][4][6]. - The hedging activities will include trading in materials such as polysilicon, silver, and copper, as well as foreign exchange forward contracts, swaps, futures, and options [4][6]. - The maximum margin required for commodity futures hedging will not exceed 100 million yuan, while the foreign exchange hedging will be capped at 10 million USD or equivalent [4]. Group 3: Corporate Governance - The company held its second extraordinary general meeting of 2025 on August 11, where several important resolutions were passed, including the re-election of a non-independent director and the cancellation of the supervisory board [4][6]. - The company is also revising and establishing certain governance systems to enhance its operational framework [4]. Group 4: Market Position - As of August 15, 2025, Shichuang Energy's stock closed at 15.0 yuan, reflecting a 0.4% increase from the previous week, with a total market capitalization of 6 billion yuan [1]. - In the photovoltaic equipment sector, the company ranks 43rd out of 64, and 2824th out of 5152 in the overall A-share market [1].

Key Points Summary Core Viewpoint - The company plans to temporarily use part of the idle raised funds to supplement its working capital, not exceeding RMB 50 million, with a usage period of no more than 12 months from the date of board approval [3][8]. Fundraising Basic Situation - The company raised a total of RMB 436,222,997.10 from a non-public stock issuance of 44,062,929 shares at RMB 9.90 per share, with net proceeds after expenses amounting to RMB 423,958,661.65 [1]. - The funds are managed under a dedicated account system, with all funds deposited in a special account for management [1]. Previous Fund Usage and Return - The company has returned RMB 80 million previously used for temporary working capital back to the special account as of August 8, 2025 [2][3]. Investment Project Status - The company has several investment projects with varying completion rates: - Annual production of 6,800 million square meters of electronic materials: 100% completed [2]. - Annual production of 8,600 million square meters of electronic materials: 58.37% completed [2]. - Annual production of OCA optical film tape and silicone protective film: 100.02% completed [2]. - Bank loan repayment project: 100% completed [2]. - Permanent working capital supplement: 100% completed [2]. Approval Process for Fund Usage - The board of directors and the supervisory board have approved the use of idle funds, confirming compliance with relevant regulations and ensuring that the use of funds will not affect the normal implementation of investment projects [8][9].