Core Viewpoint - Zhejiang Yingtai Technology Co., Ltd. plans to utilize idle self-owned funds for cash management, with a total amount not exceeding 600 million RMB, to enhance fund efficiency and shareholder returns [1][2]. Cash Management Plan Key Points - The cash management will prioritize "safety and stability, liquidity first," mainly investing in low-risk financial products, including structured deposits, low-risk bank wealth management products, securities company income certificates, government bond reverse repos, and low-risk asset management products [2]. - The investment amount is capped at 600 million RMB, using idle self-owned funds, with a validity period of 12 months from the approval date by the shareholders' meeting [2]. - The board of directors will authorize management to make decisions within the limit, with the finance department responsible for implementation, and progress will be disclosed as per regulatory requirements [2]. Risk Control and Fund Security - The company has established multiple risk control measures despite focusing on low-risk products, including: 1. Dynamic monitoring mechanism to track product allocation and project progress [2]. 2. Term matching management to ensure liquidity based on operational funding plans [2]. 3. Internal audit supervision with regular checks on investment projects [2]. 4. Risk warning mechanism to prepare for market fluctuations and policy changes [2]. Impact on Company Operations - The cash management will not affect the normal operation of the main business and is expected to preserve and increase the value of idle funds [3]. - The investment amount represents a certain percentage of the latest audited net assets, ensuring safety and reasonableness in fund usage [3]. Review Procedures and Institutional Opinions - The proposal has been approved by the Audit Committee and the Board of Directors, with independent directors expressing agreement [4]. - The sponsor, Zheshang Securities, noted that the decision-making process for cash management is compliant and will enhance fund efficiency without harming shareholder interests [4]. Next Steps - The company will promptly convene a temporary shareholders' meeting to review the proposal, with relevant progress to be disclosed in a timely manner [5].

Core Viewpoint - The scale of listed companies' investments in financial products has decreased this year, with a total subscription amount of approximately 890 billion yuan, which is a 16.5% decline compared to the same period last year [2][3] Group 1: Investment Scale and Trends - As of November 17, 2023, 1,126 listed companies have subscribed to financial products, with a total subscription amount of about 890 billion yuan, down from over 1 trillion yuan in previous years [2][3] - The decline in investment scale is attributed to companies allocating more funds to cash dividends and share buybacks, as well as decreasing interest rates on deposit products [2][3] Group 2: Product Preferences - Listed companies are favoring low-risk financial products with high safety and liquidity, including structured deposits, bank wealth management, and broker wealth management [3][4] - Despite the overall decline, certain product categories such as bank wealth management, broker wealth management, reverse repos, and fund accounts have seen growth [3] Group 3: Market Dynamics - Asset management firms are increasing their focus on the public wealth market, offering diversified products to meet the demand for higher returns while maintaining safety and liquidity [3][4] - Companies are beginning to diversify their investment strategies, gradually increasing their allocation to broker wealth management and public funds [3]

Core Viewpoint - The company has established a dedicated settlement account for cash management of idle raised funds, aiming to enhance the efficiency of fund utilization while ensuring the normal progress of investment projects [3][4][12]. Group 1: Establishment of Settlement Account - The company has opened a dedicated settlement account for cash management at Industrial Bank Co., Ltd. [3] - This account will exclusively be used for the settlement of temporarily idle raised funds for purchasing financial products, ensuring no non-raised funds are stored [3]. Group 2: Cash Management Overview - The purpose of cash management is to improve the efficiency of raised fund utilization without affecting the construction progress of investment projects [4]. - The funds used for cash management are temporarily idle raised funds [5]. Group 3: Fundraising and Usage - The company has been approved to issue convertible bonds, raising a total of 907.939 million shares with a total fundraising amount of 907.939 million RMB, after deducting issuance costs [6][8]. - All raised funds are stored in a dedicated account managed under a tripartite supervision agreement [8]. Group 4: Approval Process - The board of directors and the supervisory board have approved the use of up to 40 million RMB of idle raised funds for cash management, with a validity period of 12 months [9]. Group 5: Cash Management Specifics - The company will select low-risk, capital-preserving financial products for cash management, with a focus on liquidity and safety [10][11]. - The finance department will monitor the net value changes of the products and take necessary measures to control investment risks [11]. Group 6: Impact on the Company - The cash management of idle raised funds will not affect the normal construction of investment projects or the normal use of raised funds, and it aims to increase returns for the company and its shareholders [12].

Core Viewpoint - The company Tianyi New Materials (688033) has approved the use of temporarily idle raised funds for cash management, not exceeding RMB 500 million, to enhance the efficiency of fund usage and increase returns for the company and its shareholders [1][2]. Fundraising Overview - The company raised a total of RMB 9.753156 billion from its initial public offering (IPO), with a net amount of RMB 8.6781285652 billion after deducting issuance costs, all received by July 18, 2019 [1]. - Additionally, the company raised RMB 23.1904159448 billion through a private placement, with a net amount of RMB 22.9658684624 billion after related expenses, all received by September 30, 2022 [1]. Cash Management Details - The purpose of cash management is to improve the efficiency of raised fund usage and increase returns while ensuring the safety of funds and not affecting project construction [2]. - The company plans to invest in low-risk financial products such as structured deposits, notice deposits, time deposits, large certificates of deposit, and securities company income certificates, with a maximum investment period of 12 months [2]. - The investment decision authority is delegated to the chairman of the board, with the finance department responsible for implementation [2]. Operational Impact and Risk Control - The cash management will not affect the normal operation of fundraising projects and will potentially enhance overall performance by generating investment income [3]. - The company has implemented several risk control measures, including board authorization for decision-making, tracking by the finance department, and oversight by the internal audit department and independent directors [3]. Approval and Oversight - The supervisory board and the sponsor, CITIC Securities, have expressed their agreement with the company's decision to use temporarily idle raised funds for cash management [4].

Group 1 - The company, Xiamen Lidin Optoelectronics Co., Ltd., plans to use idle raised funds for cash management to improve fund utilization efficiency and increase returns while ensuring the safety of the raised funds [1][4] - The total amount of idle raised funds for cash management is capped at RMB 82 million, with a usage period of 12 months from the board's approval [2][3] - The cash management will involve low-risk investment products, including government bonds, bank wealth management products, structured deposits, and other financial instruments with a maturity of no more than one year [3][4] Group 2 - As of June 30, 2025, the balance of the raised funds in the special account is RMB 1.8146 million, while the balance of idle funds for cash management investments is RMB 82 million [2] - The company has undergone necessary approval procedures, with the board and supervisory board approving the cash management proposal [5] - The cash management is expected to have no significant impact on the company's main business, financial status, operating results, or cash flow [4][5]