Group 1 - The company plans to conduct foreign exchange derivative trading in 2026 to mitigate risks associated with foreign exchange rate and interest rate fluctuations, with a total trading limit not exceeding 75 million RMB or equivalent foreign currency [4][10]. - The trading will primarily utilize the company's own funds and will not involve raised funds [5][6]. - The company will employ simple and transparent foreign exchange derivative instruments, such as forward contracts and options, with a maximum duration of 12 months [6][8]. Group 2 - The company has approved the use of up to 150 million RMB of temporarily idle raised funds for cash management, focusing on safe and liquid investment products with a maturity of no more than 12 months [21][24]. - The investment aims to enhance the efficiency of raised fund usage while ensuring that it does not affect the ongoing projects funded by these raised funds [23][38]. - The company will strictly control risks associated with these investments and will not use the funds for speculative purposes [35][50]. Group 3 - The company plans to provide a maximum guarantee of 320 million RMB for its subsidiaries' bank loans in 2026, which will enhance financing efficiency [53][60]. - The guarantee is based on the current business situation and is expected to be within a controllable risk range [54][61]. - The company has no overdue guarantees or litigation-related guarantees, ensuring a stable financial position [62]. Group 4 - The company anticipates daily related transactions with specific affiliated companies, with a total expected amount not exceeding 18.5 million RMB for 2026 [67][70]. - These transactions are necessary for the company's normal business operations and are conducted at market prices to ensure fairness [75][76]. - The company has established contracts with related parties to ensure compliance and protect shareholder interests [73][74]. Group 5 - The company intends to apply for a financing limit of up to 300 million RMB from banks and financial institutions in 2026, using its own assets as collateral [78][79]. - This financing is aimed at meeting the operational funding needs of the company and its subsidiaries without adversely affecting business operations [80].

Group 1 - The company, Youfu Food, announced the use of 20 million yuan of idle raised funds to purchase a customized income certificate from Shenwan Hongyuan Securities Co., Ltd. [1] - As of the date of the announcement, the remaining balance of the company's raised funds for cash management is 80 million yuan. [1]

Core Viewpoint - The company has approved the use of idle raised funds for cash management, ensuring that it does not affect the normal use of the raised funds for investment projects [1][5]. Summary by Sections Idle Fund Management Overview - The company plans to use up to 500 million RMB of idle raised funds for cash management, with the investment period valid for 12 months from the board's approval [1]. Investment Risk and Control Measures - The company adheres to prudent investment principles, purchasing high-security, liquid, and principal-protected bank financial products [2]. - A ledger is established to manage investment products, allowing for timely analysis and tracking of the investment direction and project progress [2]. - Independent directors have the authority to supervise the use of raised funds and may hire professional institutions for audits if necessary [3]. - The company will fulfill disclosure obligations in accordance with the regulations of the Shenzhen Stock Exchange [4]. Impact on Company Operations - The use of idle raised funds for cash management will not affect the construction of investment projects or the normal operation of daily business, while also improving fund utilization efficiency and generating returns for shareholders [5]. Previous Use of Idle Raised Funds - As of the announcement date, the company has invested a total of 470 million RMB in cash management products that have not yet matured [6].

Core Viewpoint - Oulai New Materials (688530) has experienced a decline in stock price, closing at 14.95 yuan, down 3.3% from the previous week, with a current market capitalization of 2.393 billion yuan, ranking 156th in the semiconductor sector and 4578th in the A-share market [1] Company Announcements - The 2024 Annual General Meeting of Oulai New Materials was held on May 21, 2025, with 51 attendees representing 105,075,078 shares, accounting for 65.6535% of total voting rights. Eight non-cumulative voting resolutions were approved, including the 2024 Board of Directors' work report and profit distribution plan [2][4] - The 12th meeting of the second Board of Directors was held on May 23, 2025, approving two resolutions: 1. Using up to 50 million yuan of temporarily idle raised funds for cash management; 2. Using up to 80 million yuan of temporarily idle raised funds to supplement working capital, limited to 12 months [2][3] - The 10th meeting of the second Supervisory Board was also held on May 23, 2025, approving the same two resolutions regarding the use of temporarily idle raised funds for cash management and working capital [2][3] Fund Management - The company plans to use up to 80 million yuan of temporarily idle raised funds to supplement working capital, specifically for operations related to its main business, with a usage period not exceeding 12 months [3] - The company also intends to use up to 50 million yuan of temporarily idle raised funds for cash management, with a validity period of 12 months from the date of board approval. Investment products may include structured deposits, notice deposits, and time deposits, among others [3] - China International Capital Corporation, as the sponsor, has reviewed the use of temporarily idle raised funds for both working capital and cash management, deeming these actions beneficial for improving fund utilization efficiency and increasing cash asset returns [3]