Core Points - Shanghai Huguang Welding Group Co., Ltd. reported a stock price of 19.62 yuan as of September 5, 2025, down 10.37% from 21.89 yuan the previous week [1] - The company's total market capitalization is 6.239 billion yuan, ranking 81st out of 216 in the general equipment sector and 2738th out of 5152 in the A-share market [1] Company Announcements - On September 2, 2025, the company announced the opening of a special settlement account at China Everbright Bank for managing idle fundraising cash, with an account number of 36680188001244503 [1] - The company used 88 million yuan of idle funds to purchase a structured deposit product linked to exchange rates from China Everbright Bank, with a term of 90 days and an expected annual yield of 1%-1.75%, anticipating returns of 220,000 to 385,000 yuan [1] - The source of the funds is from publicly issued convertible bonds, with actual proceeds of 395,471,698.11 yuan, and 230,852,800 yuan has been used as of June 30, 2025 [1] - The cash management plan was approved by the board of directors, supervisory board, and shareholders' meeting, and it will not affect the implementation of fundraising projects [1] - The company has established risk control measures to ensure the safety of the funds [1] Previous Cash Management Activities - On April 23, 2025, the company approved a plan to use idle fundraising funds not exceeding 200 million yuan for cash management, which was also approved at the 2024 annual shareholders' meeting [2] - In May 2025, the company purchased a structured deposit product from CITIC Bank for 88 million yuan, which has since been redeemed, returning the principal and earning interest of 453,500 yuan [2][3] - The principal and interest have been returned to the fundraising account, and the related special settlement account has been closed [2]

Core Viewpoint - Shanghai HooGong Welding Group Co., Ltd. is actively managing its idle fundraising capital through structured deposits, aiming for a stable return while ensuring the safety of funds [1][2][3] Trading Information Summary - On September 2, 2025, Shanghai HooGong's stock closed at 20.18 yuan, down 4.77%, with a turnover rate of 5.48%, a trading volume of 174,100 shares, and a transaction value of 354 million yuan [1] - On the same day, the net outflow of main funds was 43.57 million yuan, accounting for 12.3% of the total transaction value; retail investors had a net inflow of 57.77 million yuan, accounting for 16.3% of the total transaction value [1] Company Announcement Summary - On September 2, 2025, the company announced the opening of a special settlement account for cash management of idle fundraising at China Everbright Bank, with an amount of 88 million yuan allocated to a 90-day structured deposit product, expected annual yield of 1%-1.75%, with anticipated returns of 220,000 to 385,000 yuan [1] - The company had previously redeemed a structured deposit from CITIC Bank, recovering the principal of 88 million yuan and earning interest of 453,500 yuan, with all funds returned to the fundraising account [2][3]