Core Viewpoint - Zhejiang Wihua New Materials Co., Ltd. plans to utilize part of its temporarily idle raised funds for cash management to enhance the efficiency of fund usage and maximize shareholder interests [4][8]. Summary by Sections Cash Management Product Overview - The company will use up to RMB 700 million (70,000 million) of temporarily idle raised funds for cash management, focusing on safe and liquid products such as structured deposits and large certificates of deposit, with a maximum term of 12 months [5][12]. Investment Purpose - The investment aims to improve the efficiency of raised fund usage without affecting the normal investment plan and ensuring the safety of the raised funds [4][8]. Source of Funds - The cash management funds will come from the temporarily idle raised funds from the company's initial public offering (IPO), which raised a total of RMB 1,501.45 million (150,145.26 million) after deducting issuance costs [6]. Investment Method - The company will purchase low-risk financial products, ensuring that these funds do not affect daily operations or the normal implementation of investment projects [8][14]. Risk Management - The company has established a risk management framework to ensure compliance with regulations and safeguard the principal of the cash management investments [13]. Financial Impact - The cash management activities will be conducted in a manner that does not impact the company's investment plans or shareholder interests, and the accounting treatment will follow the new financial instrument standards [14].

南财智讯9月25日电，华新精科公告，第四届董事会第六次会议审议通过了关于使用不超过4.20亿元闲 置募集资金进行现金管理的议案，资金来源为暂时闲置募集资金，投资方向为安全性高、流动性好的保 本型产品，包括通知存款、定期存款、结构性存款、大额存单、收益凭证等，使用期限为12个月内有 效，资金在额度范围内可滚动使用，不会影响募集资金投资项目进度和公司正常生产经营。 ...

Core Points - The company, Source Flying Pet (stock code: 001222), held its eighth meeting of the third board of directors on September 20, 2025, with all seven directors present [1] - Two significant resolutions were passed during the board meeting [1] Group 1: Financial Management - The board approved a proposal to continue using part of the temporarily idle raised funds for cash management, with a limit not exceeding 80 million RMB. The investment products will have a maturity of no more than 12 months and must be liquid, safe, and capital-protected, such as income certificates and structured deposits [1] - The funds can be rolled over within the approved limit and must be returned to the special account for raised funds upon maturity. The management team is authorized to make investment decisions and sign contracts within the specified limits [1] Group 2: Governance - The board also approved a revision to the "Selection System for Accounting Firms," in accordance with the Company Law of the People's Republic of China and the company's actual needs [1]

年初，资金计划部的工作面临融资成本需持续压降，债务结构匹配风险指标需持续调整等现实挑战。"债务结构直接关乎融资成本高低，而融资成本更是 决定企业生存空间的关键所在。"部门结合债务市场形势，深入分析公司融资工具，将优化债务结构、降低融资成本、保障流动性安全确立为年度核心攻 坚目标，为后续"双轮驱动"的策略实施明确了方向。 聚焦降本增效：结构优化与管理升级 今年4月，公司存量大额债券进入回转售期。回转售涉及众多投资机构、挂网披露程序复杂、材料准备工作量巨大。部门骨干黄卉轩严谨细致地承担了主 要工作。彼时正值她怀孕初期，她以高度专注力克服个人不便因素，确保所有材料和事项按时、准确完成。在需紧急赴上海证券交易所及中国证券登记结 算有限责任公司办理手续的关键时刻，面对突发暴雨等极端恶劣天气，黄卉轩几经辗转暴雨中如期抵达，保障了后续转售顺利完成。最终该债券利率较前 期降低约250BP，为公司节约利息支出超1亿元。 为落实集团2025年度经营工作会议决策部署，深入推进"四步同进、四战同打"战略实施路径，有效应对2025年复杂市场环境的挑战，资金计划部在集团党 委和公司党委领导下精准施策，制定"降本增效·融资攻坚"双轮驱动方 ...

Core Viewpoint - The company has achieved significant growth in its operating performance in the first half of 2025, with a consolidated revenue of 11.695 billion and a net profit of 4.284 billion, reflecting a year-on-year increase of 44.44% and 101.32% respectively [2] Group 1: Capital Market Development - The company remains optimistic about the development prospects of the Chinese capital market and actively supports its stability and expectations [4] - As one of the first financial institutions to participate in the central bank's swap facility, the company has been instrumental in maintaining market stability and providing liquidity support to various market segments [4][5] - The company is focused on internationalization and high-quality financial services to support the Belt and Road Initiative, assisting four companies in going public in Hong Kong and completing 114 overseas bond projects [4][5] Group 2: Investment Banking Performance - The company has successfully advanced quality investment banking projects, achieving a net income of 627 million from investment banking fees, a year-on-year increase of 49.12% [7] - The company ranks 7th in the industry for equity underwriting and 6th for bond underwriting, with historical highs in both categories [7][8] Group 3: Wealth Management Transformation - The company’s wealth management transformation is driven by customer needs, resulting in a 44.32% increase in net income from agency trading to 2.011 billion [10] - The number of retail clients has increased significantly, with over 10 million clients and a total of 4.77 trillion in client assets under custody [10] Group 4: Research and Innovation - The company has developed a comprehensive research system integrating investment, industry, and policy research, enhancing its professional and customized services [13] - The company has also seen growth in its FICC sales and trading business, maintaining a competitive edge and expanding its product offerings [14]

Core Insights - The company reported a significant increase in revenue and profit for the first half of 2025, with total revenue reaching 11.695 billion yuan, a year-on-year growth of 44.44%, and net profit attributable to shareholders at 4.284 billion yuan, up 101.32% [1] Investment Banking Business - The investment banking segment achieved a net income of 627 million yuan from fees, reflecting a year-on-year increase of 49.12% - The company ranked 7th in the number of equity underwriting cases, with 5 IPOs, ranking 3rd in the industry - The bond underwriting scale reached 169 billion yuan, ranking 6th, with 441 main underwriting cases, also ranking 7th, both achieving historical highs [1] Wealth Management Business - The wealth management transformation is driven by customer needs, focusing on product and service innovation - Retail customer numbers increased, with high-net-worth clients ranking among the industry leaders, achieving net income of 2.011 billion yuan from agency trading, a growth of 44.32% - The total number of clients exceeded 10 million, with securities client assets reaching 4.77 trillion yuan, further solidifying the client and asset base [2] Research Business - The company developed a comprehensive research system integrating investment, industry, and policy research to enhance depth and breadth - A unified portal named "Yi Wan Qi Yuan" was launched to assist institutional clients in navigating market complexities and demands - The company generated 216 million yuan in seat leasing income, with increased trading shares for funds and insurance [3]

Core Viewpoint - The company intends to utilize part of its temporarily idle raised funds for cash management and entrust part of its idle self-owned funds for wealth management, aiming to enhance fund utilization efficiency and increase returns without affecting the implementation of fundraising projects and the normal operation of the company [1][4][6]. Investment Overview - **Investment Purpose**: The company aims to improve fund utilization efficiency and increase returns while ensuring the safety of raised funds and normal operations [1]. - **Investment Amount and Duration**: The company plans to use up to RMB 100 million of temporarily idle raised funds for cash management and up to RMB 300 million of idle self-owned funds for wealth management, with a validity period of 12 months from the board's approval [2][7]. - **Source of Funds**: The funds are sourced from the proceeds of the company's initial public offering, which raised a net amount of RMB 467.1815 million after deducting issuance costs [2][3]. Investment Products - The company will invest in safe, liquid, and legally compliant financial products, including but not limited to structured deposits, time deposits, large certificates of deposit, and wealth management products [3][4][7]. Implementation and Disclosure - The board of directors authorizes the general manager to make investment decisions within the specified limits, and the finance department is responsible for implementation [4][6]. - The company will fulfill its information disclosure obligations in accordance with relevant regulations and will not change the purpose of the raised funds [4][6]. Impact on Daily Operations - The use of idle raised funds for cash management and self-owned funds for wealth management will not affect the normal development of the company's main business and will help improve fund utilization efficiency and increase returns for the company and its shareholders [4][5]. Approval Procedures - The company held several meetings to approve the proposal for using idle funds, including the board of directors, audit and risk committee, and independent directors, all of whom expressed agreement with the plan [6][8]. Sponsor's Verification Opinion - The sponsor believes that the company's plan to use idle funds for cash management and wealth management has been properly approved and will enhance fund utilization efficiency without changing the purpose of the raised funds [9].

Core Viewpoint - The company intends to utilize temporarily idle raised funds and its own funds for cash management to enhance fund efficiency and returns while ensuring the safety of the raised funds and the normal operation of investment projects [1][4][6] Summary by Sections 1. Basic Situation of Raised Funds - The company was approved to publicly issue 25,666,700 shares at a price of RMB 80.88 per share, resulting in a net raised amount of RMB 606,213,138.68 after deducting issuance costs [1][2] 2. Investment Project Situation - The raised funds will be invested in two main projects: the development and industrialization of a laser flexible precision manufacturing control platform and the establishment of marketing and technical support networks, with a total investment of RMB 39,591.79 million [2] 3. Cash Management Basic Situation - The purpose of using idle raised funds and self-owned funds for cash management is to improve efficiency and returns without affecting the construction of investment projects or the safety of raised funds [3][4] 4. Investment Products - The company plans to invest in low-risk, high-security, and liquid financial products, including structured deposits, time deposits, and money market funds, ensuring that these funds are not used for pledging or securities investment [3][4] 5. Investment Limits and Duration - The total amount for cash management will not exceed RMB 40,000.00 million for both idle raised funds and self-owned funds, with a validity period of 12 months from the board's approval [4][5] 6. Information Disclosure - The company will comply with relevant regulations for timely information disclosure regarding cash management activities [4] 7. Implementation Method - The board has authorized the management to make decisions within the specified limits, including selecting qualified financial product issuers and signing contracts [4][5] 8. Impact on the Company - The cash management of idle funds is expected to enhance fund efficiency and returns without affecting the company's daily operations or investment projects [4][6] 9. Review by the Sponsor Institution - The sponsor institution has confirmed that the cash management plan complies with relevant regulations and will not alter the intended use of raised funds, thus protecting the interests of the company and its shareholders [6]

A 股证券代码：688385 证券简称：复旦微电 公告编号：2025-036 上海复旦微电子集团股份有限公司(以下简称"公司"、"复旦微电")第 十届董事会第三次会议通知于 2025 年 8 月 13 日以电子邮件方式发出，于 2025 年 8 月 27 日以现场加通讯表决的形式召开。目前董事会共有 9 名董事，实到董 事 9 名，会议由董事长兼总经理张卫主持。会议的召集召开符合《公司法》和 《公司章程》的有关规定，合法有效。 会议审议并通过了如下事项： 一、审议通过《关于 2025 年度半年度报告及摘要的议案》 董事会对 2025 年半年度报告的编制和审核程序符合法律、行政法规、其他 有关规范性文件和境内外证券监管机构的规定，报告的内容能够及时、真实、 准确、完整地反映公司的实际情况。 表决结果：同意 9 票，反对 0 票，弃权 0 票。 二、审议通过《关于首次公开发行募集资金节余募集部分及剩余超募资金 永久补流的议案》 公司使用剩余超募资金人民币 828.28 万元和节余募集资金 1,113.77 万元 （该金额为截至 2025 年 6 月 30 日余额，实际金额以资金转出当日募集资金专 户余额为准）用于 ...

南财智讯8月27日电，腾龙股份公告，第五届董事会第二十一次会议审议通过了《关于使用暂时闲置募 集资金进行现金管理的议案》。公司拟使用不超过0.80亿元的暂时闲置募集资金进行现金管理，投资于 安全性高、流动性好、风险低的投资产品，包括但不限于购买保本型理财产品、结构性存款、大额存 单、定期存款、通知存款、收益凭证等。使用期限为12个月内有效，资金在额度范围内可滚动使用。此 操作不会影响募集资金投资项目进度和公司正常生产经营。 ...