Core Viewpoint - YXTT Pharmaceutical Group Co., Ltd. has announced the implementation of a cash management plan utilizing up to 2.5 billion yuan of idle funds to enhance the efficiency of fund usage [1][2]. Group 1: Cash Management Plan - The company approved a cash management plan at the 2024 annual shareholders' meeting on May 21, 2025, allowing the use of up to 2.5 billion yuan of idle funds for investments in fixed-income or capital-preserving floating-return financial products, large certificates of deposit, and time deposits [2]. - The collaboration with Huaxia Bank is a recent step in this cash management initiative, although specific investment amounts and product details were not disclosed [2]. Group 2: Risk Control and Investment Strategy - YXTT emphasizes a low-risk investment strategy, adhering to principles of "standardized operation, risk prevention, and cautious investment" [3]. - The company has established a multi-layered risk control mechanism, including oversight by the financial department, internal audits, and regular checks by independent directors to ensure the safety of funds [3]. Group 3: Normalization of Fund Management - Utilizing idle funds for cash management has become a regular practice for YXTT, reflecting its flexibility and standardization in fund management [4]. - The board believes that low-risk financial management can enhance the overall performance of the company while safeguarding fund security, aligning with the interests of all shareholders [4].

Group 1 - The company will hold its first extraordinary general meeting of shareholders in 2025 on December 1, 2025, at 15:00 [3][4] - The meeting will combine on-site voting and online voting, with specific time slots for each [4][15] - Shareholders must register by November 21, 2025, to attend the meeting [5][10] Group 2 - The agenda includes proposals that require a special resolution, needing approval from at least two-thirds of the voting rights present [9] - The company will conduct separate voting for minority investors on significant matters affecting their interests [9] Group 3 - The company plans to use up to 200 million yuan of idle raised funds and 200 million yuan of idle self-owned funds for cash management [21][24] - The cash management will involve low-risk investment products with a maximum investment period of 12 months [25][26] - The decision to use idle funds aims to enhance capital efficiency without affecting ongoing projects [33][36] Group 4 - The company will repurchase and cancel 54,376 shares of restricted stock due to certain incentive targets not being met and some recipients no longer qualifying [40][44] - The repurchase price is set at 7.21 yuan per share plus bank interest [45] - Following the repurchase, the company's total share capital will decrease from 189,401,160 shares to 189,346,784 shares [56]

Core Viewpoint - The company plans to utilize up to 300 million yuan of idle raised funds for cash management, focusing on safe and liquid investment products [1] Group 1: Company Meetings - The company will hold the 11th meeting of the 6th Board of Directors and the 9th meeting of the 6th Supervisory Board on January 10, 2025 [1] - Additionally, the 13th meeting of the 6th Board of Directors is scheduled for May 20, 2025 [1] Group 2: Fund Management - The company intends to use idle raised funds for cash management, specifically for purchasing principal-protected floating income structured deposits and other high-security, liquid products [1] - The investment period for these funds is effective within 12 months, and the funds can be rolled over within the specified limit [1] - This decision will not affect the progress of the raised fund investment projects or the company's normal production and operations [1]

Core Viewpoint - The company has approved the use of temporarily idle raised funds for cash management, aiming to enhance fund utilization efficiency and increase returns for the company and its shareholders while ensuring the safety of the raised funds [2][3][11]. Cash Management Overview - The purpose of cash management is to improve fund utilization efficiency and reasonably use idle raised funds without affecting the normal implementation of fundraising projects [3]. - The total amount for this cash management is RMB 11,000.00 million [4]. - The source of funds for this cash management is temporarily idle funds from the company's non-public stock issuance [5][6]. Fundraising Situation - The company raised a total of RMB 96,989.99 million through a non-public issuance of 8,247.45 million shares at a price of RMB 11.76 per share, with a net amount of RMB 95,904.25 million after deducting issuance costs [6]. - The funds were deposited in a special account, and a tripartite supervision agreement was signed with the sponsor and the bank [6]. Investment Products and Risk Management - The cash management will involve purchasing high-safety, liquid, and principal-protected financial products, including but not limited to bank wealth management products and broker financial products [2][10]. - The company will maintain close contact with the trustee during the investment period to monitor fund operations and strengthen risk control [9]. Impact on the Company - The cash management is expected to enhance the efficiency of the raised funds and increase returns for the company and shareholders without significantly impacting the company's main business, financial status, operating results, or cash flow [11]. - The company's recent major financial indicators are documented, and cash management will be recorded as "trading financial assets" on the balance sheet, with returns recognized in the profit statement as "investment income" [11].

Core Viewpoint - The company has approved the use of idle funds for cash management, ensuring it does not affect the normal operation of fundraising projects and maintains fund safety [1][4]. Group 1: Cash Management Approval - The company and its subsidiaries are authorized to use up to 100 million yuan of idle raised funds and up to 300 million yuan of idle self-owned funds for cash management within 12 months [1]. - The investment period for individual cash management products will not exceed 12 months [1]. Group 2: Implementation Details - The subsidiary, Hunan Honggong Intelligent Technology Co., Ltd., has initiated cash management using part of its idle self-owned funds [2]. - There is no related party relationship between the company and the entrusted party involved in cash management [2]. Group 3: Risk Control Measures - The company will monitor and analyze the net value changes of cash management products and take necessary actions if risks are identified [3]. - Independent directors have the authority to supervise and audit the use of funds for related products [3]. - The company will fulfill its information disclosure obligations as per the regulations of the Shenzhen Stock Exchange [3]. Group 4: Impact on Operations - The cash management activities will not affect the company's normal production and operation, as the purchased products are safe and have high liquidity [4]. - The total unused balance of idle self-owned funds for cash management, including this instance, amounts to 200 million yuan, which is within the authorized limit [6].

Core Viewpoint - The company, Chongqing Zhengchuan Pharmaceutical Packaging Materials Co., Ltd., has approved the use of idle self-owned funds for cash management to enhance fund utilization efficiency and increase returns for the company and its shareholders [2][3][14]. Cash Management Overview - The purpose of cash management is to ensure the safety of funds while not affecting the company's daily operations, thereby improving fund utilization efficiency [3]. - The total investment amount for this cash management initiative is 50 million RMB [4]. - The funds for this cash management are entirely sourced from idle self-owned funds [5]. Cash Management Product Details - The cash management product is a structured deposit from Chongqing Bank, with an investment amount of 50 million RMB and a term of 57 days [7]. - The product offers a guaranteed minimum return of 1.15%, with potential floating returns of 0.8% or 1.0% based on specific conditions related to the EUR/USD exchange rate [8]. Risk Control Measures - The company will select investment products that are high in safety, good in liquidity, and of medium to low risk, including bank wealth management products, securities firm wealth management products, trust wealth management products, structured deposits, notice deposits, and large certificates of deposit [6][9]. - Independent directors have the authority to supervise and inspect the use of funds, and the company will conduct timely analysis and monitoring of cash management progress [10]. Impact on the Company - The company does not have significant overdue debts while engaging in large-scale wealth management products, ensuring that cash management will not affect normal operational cash flow or the development of core business [13][14].

Core Viewpoint - Cambrian (688256.SH) has approved a proposal to manage part of its temporarily idle raised funds for cash management, ensuring the safety of the raised funds and the implementation of investment projects [1] Group 1: Company Actions - The company held its 38th meeting of the second board and the 27th meeting of the second supervisory board on October 31, 2025 [1] - The approved cash management proposal allows the company and its wholly-owned subsidiaries to use up to RMB 2.5 billion for purchasing safe and liquid principal-protected products such as structured deposits and large certificates of deposit [1] Group 2: Financial Management - The cash management of the temporarily idle raised funds is set to occur between October 31, 2025, and October 30, 2026, with the amount being able to roll over and returned to the special account for raised funds upon maturity [1]

Core Viewpoint - The company has approved the use of idle funds for cash management, aiming to enhance the efficiency of fund utilization while ensuring that it does not affect ongoing projects or operations [8][21][38]. Financial Data - The company plans to invest up to RMB 70 million in high-safety, liquid, and principal-protected financial products, with a maximum investment period of 12 months [8][21][36]. - The company also approved the use of up to RMB 80 million of idle self-owned funds for similar investments, with the same conditions regarding safety and liquidity [21][38]. Investment Purpose - The objective of the investment is to improve the efficiency of idle funds and strengthen daily fund management without impacting the company's normal operations [9][23]. Investment Details - The investment will be made in structured deposits and large certificates of deposit, which are considered safe and liquid [8][21]. - The decision is valid for 12 months from the date of board approval, allowing for rolling use of funds within the specified limits [13][26]. Risk Management - The company has established a robust approval and execution process to ensure the safety of the funds used for cash management [16][29]. - Independent directors have the authority to supervise and inspect the use of funds, and professional institutions may be engaged for audits if necessary [16][29]. Impact on Company - The use of idle funds for cash management is expected to yield certain investment returns without significantly affecting the company's main business, financial status, or cash flow [18][19]. - The company assures that this action will not alter the intended use of raised funds or harm the interests of shareholders, particularly minority shareholders [19][18].

Core Viewpoint - The company plans to utilize up to 200 million yuan of idle raised funds for cash management to enhance fund efficiency and provide better returns for shareholders [1][6]. Fundraising Overview - The company raised a total of 421,694,471.25 yuan through a specific issuance of A-shares in 2024, with a net amount of 415,135,944.34 yuan after deducting issuance costs. The funds were fully received by September 29, 2025, and are intended to supplement the company's working capital [2]. Cash Management Plan - The company intends to use a maximum of 200 million yuan of idle raised funds for cash management, which can be rolled over within 12 months from the date of board approval. The funds will be returned to the designated account upon maturity, ensuring no impact on the company's normal funding needs [3]. Investment Product Types - The cash management will be strictly limited to capital-protected products, including but not limited to: - Fixed deposits, notice deposits, and time deposits - Structured deposits - Bank wealth management products - Income certificates from financial institutions - The investment products will have a maturity of no more than 12 months and can be transferred or withdrawn early. The company specifies that these products cannot be used for collateral, and the special settlement account must not hold non-raised funds or be used for other purposes [4]. Decision-Making and Execution Mechanism - The company authorizes the legal representative or their designee to exercise investment decision-making authority within the limits and validity period, responsible for selecting issuers, determining investment amounts and terms, and signing relevant agreements, with implementation handled by the finance department [5]. Risk Control and Compliance Assurance - The company emphasizes that, despite the rigorous selection of investment products, market volatility risks due to macroeconomic factors cannot be ruled out. To mitigate risks, the company has established multiple control measures: 1. The finance department will monitor product allocation and project progress in real-time, taking protective measures when risks are identified 2. The audit department will oversee the use and custody of funds, with independent directors able to hire professional institutions for auditing 3. An investment ledger and accounting system will be established to ensure transparent and standardized fund management 4. The company will strictly fulfill information disclosure obligations as required by the Shenzhen Stock Exchange [6]. Market Impact and Sponsor Opinion - The company states that this cash management will not affect the development of its main business or the planned use of raised funds, and there is no disguised change in the use of raised funds. By increasing the returns on idle funds, it will further enhance the company's profits, aligning with the interests of all shareholders. The sponsor, Changjiang Securities, has confirmed that the matter has undergone necessary approval procedures and complies with relevant regulations, expressing no objections [6].

Core Viewpoint - Shenzhen Lianyu Optoelectronics Co., Ltd. plans to utilize up to RMB 30 million of idle funds for cash management, focusing on low-risk investment products to enhance fund efficiency and ensure normal operations [1][2][3][4] Trading Information Summary - As of October 20, 2025, Lianyu shares closed at RMB 51.83, down 1.13%, with a turnover rate of 5.02% and a trading volume of 12,100 shares, amounting to RMB 62.84 million [1] - On the same day, the net outflow of main funds was RMB 2.70 million, while retail funds saw a net inflow of RMB 3.28 million [1][3] Company Announcement Summary - The second board meeting of Lianyu on October 20, 2025, approved the use of idle raised funds for cash management, allowing for a maximum of RMB 30 million to be invested in high-safety, liquid, principal-protected products within 12 months [2][4] - The board also approved the use of up to RMB 30 million of idle self-owned funds for cash management, focusing on medium to low-risk financial products such as structured deposits and time deposits [2][4] - The board's decisions received unanimous approval, with no dissenting votes, and were supported by independent directors and sponsors [2][4] Financial Management Insights - The net amount of raised funds for Lianyu is approximately RMB 670 million, with a balance of RMB 294.57 million in the raised funds account as of September 30, 2025 [3] - The planned cash management for idle funds is designed to not affect the normal operation of fundraising projects and has been confirmed as compliant with regulations [3][4]