Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency while ensuring that it does not affect the ongoing investment projects or alter the intended use of the funds [1][10]. Fundraising Basic Situation - The company raised a total of RMB 638,858.20 million through its initial public offering, with a net amount of RMB 614,562.26 million after deducting issuance costs [1][2]. - The funds have been deposited in a special account approved by the board of directors, with a tripartite supervision agreement in place [2]. Fund Investment Project Situation - The actual net amount raised is RMB 614,562.26 million, with an excess of RMB 488,353.43 million [2]. - The company has outlined specific projects for the use of these funds, including high-performance lithium-ion battery materials and a research center for lithium battery anode materials [3]. Reasons for Idle Funds - Due to the construction cycle of the investment projects, there is a temporary idle situation with RMB 24,967.62 million remaining unutilized as of August 15, 2025 [3][4]. Cash Management Plan - The company intends to use up to RMB 20,000.00 million of the idle funds for cash management within a 12-month period, ensuring that it does not impact the investment projects [6][9]. - The cash management products will be of high safety and liquidity, and will not be used for pledging or securities investment [6][8]. Approval and Monitoring - The board of directors and the supervisory board have approved the cash management plan, confirming compliance with relevant regulations [9][10]. - The supervisory board believes that this plan will enhance the efficiency of fund usage without harming the interests of the company and its shareholders [9]. Impact of Cash Management - The cash management initiative is expected to improve the efficiency of the raised funds and generate additional returns for the company and its shareholders, while ensuring the safety and liquidity of the funds [7][10].

Group 1 - The company announced the approval of a proposal to use part of its temporarily idle raised funds for cash management [1] - The approved amount for cash management is up to 200 million RMB, which will be invested in safe and liquid principal-protected investment products [1] - The cash management activities can be conducted from the date of board approval until November 30, 2025, without affecting the construction of investment projects and normal operations [1]

Core Viewpoint - Renxin New Materials announced the use of idle raised funds for cash management, with a limit of up to RMB 450 million, ensuring it does not affect project construction or normal operations [2] Group 1 - The company held its 14th meeting of the 3rd Board of Directors and the 14th meeting of the 3rd Supervisory Board on August 18, 2025 [2] - The proposal for cash management was approved, allowing the company to invest in safe and liquid principal-protected financial products [2] - The cash management period is set for 12 months from the date of approval by the shareholders' meeting, with funds available for rolling use within the specified limit [2]

Core Viewpoint - Renxin New Materials (301395.SZ) announced the approval of a proposal to use part of its idle raised funds for cash management, with a limit of up to RMB 450 million [1] Group 1 - The company will utilize idle raised funds for cash management, ensuring it does not affect the construction of investment projects or normal operations [1] - The cash management will involve purchasing safe and liquid principal-protected investment products [1] - The effective period for this cash management is within 12 months from the date of approval by the company's shareholders' meeting [1]

Core Viewpoint - Renxin New Materials (301395.SZ) announced the approval of a proposal to use part of its idle raised funds for cash management, with a limit of up to RMB 450 million [1] Group 1 - The company held its 14th meeting of the 3rd Board of Directors and the 14th meeting of the 3rd Supervisory Board on August 18, 2025 [1] - The cash management proposal is contingent upon ensuring that it does not affect the construction of investment projects funded by the raised funds and the normal production and operation of the company [1] - The cash management will involve purchasing safe and liquid principal-protected investment products, with a validity period of 12 months from the date of approval by the shareholders' meeting [1]

Group 1 - The core point of the article is that Weilan Lithium has announced the use of idle raised funds for cash management, specifically approving an investment of up to 300 million RMB in safe and liquid principal-protected investment products [1] Group 2 - The board meeting to approve this decision will take place on July 30, 2025 [1] - The investment will not affect the construction of fundraising projects and normal business operations [1] - The approved amount can be used repeatedly within the specified limit [1]

Core Viewpoint - Company plans to utilize idle fundraising capital for cash management, ensuring it does not affect project construction and normal operations [1] Group 1 - The company convened its seventh board meeting on July 30, 2025, to discuss the use of idle fundraising capital [1] - The board approved a proposal to use up to RMB 300 million of idle funds for cash management [1] - The investment will focus on safe, high-liquidity, capital-preserving financial products, with the ability to recycle within the approved limit [1]