证券日报网讯12月23日，紫燕食品（603057）发布公告称，公司使用闲置募集资金3，000万元购买交通 银行64天结构性存款，另以3，000万元购买招商银行90天结构性存款，预计年化收益0.65%-1.8%。截至 公告日，累计已使用3.27亿元进行现金管理，未超4.7亿元授权上限。 ...

Core Viewpoint - The company has approved the use of temporarily idle raised funds for cash management, with a maximum limit of 400 million RMB, to enhance fund utilization efficiency and increase returns for the company and its shareholders [2][6]. Summary by Sections Cash Management Overview - The purpose of cash management is to ensure the safety of raised funds while improving the efficiency of temporarily idle funds and increasing company returns [3]. - The total investment amount for cash management is 130 million RMB [3]. Source of Funds - The funds used for this cash management initiative are temporarily idle raised funds [4]. Basic Situation of Raised Funds - The company raised a net amount of 1,582.94 million RMB through a non-public offering of 13,170,892 shares at a price of 121.48 RMB per share [5]. Investment Method - The investment type is structured deposits, which are considered low-risk and have good liquidity [6]. Risk Control Analysis - The purchased financial products are high-security, low-risk structured deposits, but they may still be affected by market fluctuations due to macroeconomic factors [6]. - The company will maintain close contact with the trustee to monitor the operation of the investment funds and strengthen risk control [7]. Internal Control of Cash Management Risks - The company will adhere to prudent investment principles and select capital-protected investment products [7]. - The management must obtain approval from the chairman for specific implementations, and the finance department will be responsible for organizing the investments [7]. - The internal audit department will supervise the use of funds on a daily basis [8]. Impact on the Company - As of September 30, 2025, the company's cash funds amounted to approximately 2.19 billion RMB, with the investment in bank financial products accounting for 5.95% of the total cash funds [9]. - The investment will not affect the implementation of raised fund investment projects or the development of the main business, thereby enhancing the efficiency of fund utilization and providing better returns for shareholders [9].

Core Points - The company announced the approval of a temporary cash management plan using up to 400 million yuan of idle raised funds [1] - The total investment amount for this cash management is 130 million yuan, with investments in structured deposits from Bank of China and Ningbo Bank [1] - The investment products have terms ranging from 86 to 107 days, with annualized yields between 0.59% and 2.9% [1] - As of September 30, 2025, the company's monetary funds amount to 2.186 billion yuan, with this subscription representing 5.95% of the total [1] - The cash management will not affect the company's fundraising projects or main business development [1]

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 plans to utilize idle raised funds for cash management to enhance fund efficiency and generate returns for shareholders while ensuring the safety of the funds [3][12]. Investment Overview - **Investment Purpose**: The aim is to improve the efficiency of raised funds and ensure that the normal implementation of fundraising projects is not affected while increasing returns for the company and its shareholders [3]. - **Investment Amount**: The total amount for cash management is set at 50 million RMB [4]. - **Source of Funds**: The funds for this cash management initiative will come from idle raised funds [4]. Fundraising Background - The company was approved by the China Securities Regulatory Commission to issue up to 51.31 million shares at a price of 16.84 RMB per share, raising a total of approximately 864.06 million RMB, with a net amount of about 784.17 million RMB after deducting issuance costs [5]. Approval Process - The board of directors and the supervisory board approved the cash management proposal on April 17, 2025, allowing the use of up to 220 million RMB of idle raised funds within a 12-month period [7]. Risk Analysis and Control Measures - **Risk Analysis**: While the company intends to invest in high-safety, liquid principal-protected financial products, there are risks associated with market fluctuations and macroeconomic changes that could affect returns [8]. - **Control Measures**: The company will adhere to regulations, monitor the investment closely, and take necessary actions to mitigate risks if adverse factors are identified [9][10]. Impact on the Company - The cash management of idle raised funds is expected to enhance fund efficiency without affecting the normal operations of fundraising projects, thereby potentially increasing overall performance and returns for shareholders [12]. - As of June 30, 2025, the company's cash balance was approximately 1,004.31 million RMB, with the cash management amount representing about 4.98% of this balance, indicating minimal impact on the company's financial health [13].

Core Viewpoint - Shanghai Liangxin Electric Co., Ltd. has approved the use of up to RMB 200 million of temporarily idle raised funds for cash management, ensuring that it does not affect the normal operation of fundraising projects [1] Group 1: Cash Management Plan - The company will use the idle funds to invest in safe and liquid principal-protected investment products [1] - The cash management will be executed through structured deposit agreements with China Merchants Bank and Industrial Bank [1] Group 2: Impact on Daily Operations - The investment in structured deposits is designed to enhance fund utilization efficiency and generate investment returns without altering the intended use of the raised funds [6] - As of the announcement date, the total amount of idle funds used for cash management that has not yet matured is RMB 200 million, which is within the approved limit [6]

Core Viewpoint - The company, Shanghai Miaokelan Duo Food Technology Co., Ltd., has approved the use of temporarily idle raised funds for cash management to enhance fund utilization efficiency and increase returns for the company and its shareholders [2][10]. Investment Overview - **Investment Purpose**: The aim is to improve the efficiency of raised funds and ensure that normal operations and project investments are not affected while increasing company returns [4]. - **Investment Amount**: The total amount for cash management is set at 310 million yuan [5]. - **Source of Funds**: The funds are sourced from temporarily idle raised funds, which were raised through a non-public offering of shares totaling approximately 2.98 billion yuan after deducting issuance costs [6]. Investment Details - **Investment Method**: The company has purchased two structured deposit products from Shanghai Pudong Development Bank, which are characterized as high safety and liquidity, meeting the capital preservation requirements [8]. - **Investment Duration**: The duration of the cash management products is 49 days [9]. Approval Process - The board and supervisory committee meetings held on November 18, 2024, approved the cash management proposal, allowing the use of up to 1.75 billion yuan of temporarily idle raised funds for a period of 12 months [10]. Impact on the Company - The cash management will not affect the company's normal operations or the implementation of investment projects, and it is expected to enhance returns for shareholders [14]. - As of June 30, 2025, the company's cash balance was approximately 655.62 million yuan, with the cash management investment amounting to 310 million yuan, representing 47.28% of the cash balance [14]. - The accounting treatment for the cash management will classify the principal as trading financial assets, with returns recorded as investment income [14]. Opinions from Supervisory and Sponsoring Institutions - The supervisory committee supports the cash management initiative, stating it will enhance fund efficiency and is in the best interest of shareholders [15]. - The sponsoring institution, Dongfang Securities, confirms that the cash management decision has followed necessary approval procedures and complies with relevant regulations [16].

Core Viewpoint - Ningbo Helit Technology Co., Ltd. has announced the use of temporarily idle raised funds for cash management, which has been approved by the company's board and supervisory board [2][10]. Group 1: Basic Information - The company plans to use RMB 73.5 million for cash management, sourced from temporarily idle funds raised through a specific stock issuance [5][8]. - The total amount raised from the issuance of 47,040,000 shares at a price of RMB 12.69 per share was RMB 596.94 million, with a net amount of RMB 586.09 million after deducting related costs [5][7]. Group 2: Investment Purpose and Method - The purpose of the investment is to improve the efficiency of fund utilization without affecting the normal operation of the fundraising projects, thereby increasing returns for the company and its shareholders [4][11]. - The cash management products purchased are structured deposits with a principal-protected floating return, ensuring high safety and liquidity [8][16]. Group 3: Approval and Oversight - The board and supervisory board approved the cash management plan during their respective meetings held on March 31, 2025, allowing for a maximum of RMB 400 million to be used within 12 months [10][11]. - The supervisory board supports the cash management initiative, stating it does not conflict with the implementation of fundraising projects and is beneficial for improving fund utilization efficiency [11][16]. Group 4: Impact on the Company - The use of idle funds for cash management is intended to ensure the necessary funding for investment projects while enhancing the utilization rate of raised funds, leading to higher interest income and increased shareholder returns [14][15]. - The company will adhere to relevant accounting standards for the cash management activities, with specific treatments to be confirmed in annual audits [15].

Core Viewpoint - Hefei Huitong Holdings Co., Ltd. has successfully redeemed part of its cash management products and continues to manage its idle raised funds to enhance returns for the company and its shareholders [2][11]. Cash Management Redemption - The company has redeemed a total of 250 million yuan from cash management products, receiving an interest income of 2.9967 million yuan [2][5]. Ongoing Cash Management - The company is continuing its cash management with an investment of 230 million yuan in bank structured deposits [3][5]. - The board of directors approved the use of up to 300 million yuan of temporarily idle raised funds for cash management, ensuring that it does not affect the construction of investment projects or the safety of raised funds [3][8]. Purpose and Source of Funds - The purpose of cash management is to improve the efficiency of raised funds and increase returns for the company and its shareholders while ensuring normal operations and project construction [5][11]. - The funds for cash management come from temporarily idle raised funds, which were raised through an initial public offering totaling approximately 761.8563 million yuan, with a net amount of 678.5604 million yuan after deducting issuance costs [7][11]. Risk Management - The cash management products are characterized as principal-protected and floating yield, ensuring high safety and liquidity [4][11]. - The company will select reputable financial institutions for cash management and will monitor the investment products closely to mitigate risks [9][10]. Impact on Company - The use of idle raised funds for cash management will not adversely affect the company's main business or the implementation of investment projects, while also potentially increasing returns for shareholders [11].

Core Viewpoint - Kunming Pharmaceutical Group Co., Ltd. plans to invest up to 2.5 billion yuan of idle self-owned funds in low to medium-risk financial products to enhance fund utilization efficiency and yield levels while ensuring operational capital needs and safety [1][5]. Investment Details - Investment Amount: 2.5 billion yuan [4] - Investment Type: Low to medium-risk financial products [4] - Source of Funds: Self-owned funds [4] Product Characteristics - The company intends to purchase high-security, low to medium-risk financial products (risk rating R2 and below), including bank wealth management products and structured deposits [5]. - The investment will not be directed towards high-risk securities market products such as stocks, bonds, funds, foreign exchange, and derivatives [5]. Investment Timeline - Investment period is within one year from the date of shareholder meeting approval, until October 9, 2026 [5]. - Each financial product's single investment term shall not exceed six months [5]. Company Background - Kunming Pharmaceutical Group was established in March 1951 and listed on the Shanghai Stock Exchange in December 2000 [5]. - The company has over 50 subsidiaries, including Kunming Traditional Chinese Medicine Factory and Kunming Huaren Shenghuo Pharmaceutical Co., Ltd. [5]. - In the first half of 2023, the company achieved operating revenue of 3.351 billion yuan and a net profit attributable to shareholders of 198 million yuan [5].