Core Viewpoint - Zhuhai Bojie Electronics Co., Ltd. plans to utilize idle raised funds and self-owned funds for cash management to enhance fund efficiency, pending shareholder approval [1][5]. Fundraising Background and Investment Project Progress - The company raised a total of 526 million yuan through a public offering of convertible bonds in 2021, with a net amount of 514 million yuan after deducting issuance costs [2]. - The raised funds are allocated to three main projects: - Consumer electronics intelligent manufacturing equipment construction: 412.85 million yuan, with 296 million yuan from raised funds - Semiconductor automation testing equipment construction: 105.47 million yuan, with 80 million yuan from raised funds - Supplementing working capital: 150 million yuan, fully funded by raised funds [2]. Cash Management Specific Arrangements - The cash management will focus on low to medium-risk investment products, including short-term financial products, structured deposits, large certificates of deposit, treasury reverse repos, and asset management plans [3]. - The company plans to use up to 170 million yuan of convertible bond funds and 1.2 billion yuan of self-owned funds, totaling 1.37 billion yuan, with a rolling usage method [3]. Risk Control and Review Procedures - The company has established multiple control measures to mitigate risks associated with cash management, including strict selection of low-risk products and regular audits by the internal audit department [4]. - The board and audit committee have approved the proposal, affirming that it will not alter the intended use of raised funds or harm shareholder interests [4]. Market Impact Analysis - The cash management initiative is expected to enhance the efficiency of idle funds and create more value for shareholders without affecting the main business or project progress [5]. - This move reflects the company's emphasis on fund efficiency, potentially boosting investor confidence in the short term and supporting financial stability during industry cycles in the long term [5].