002137SZSE

Announcement on Using Part of Idle Own Funds for Cash Management

Shenzhen Mindata Holding Co., Ltd.··3 pages

✨ AI Summary

Shenzhen Shiyida Technology Co., Ltd. plans to use up to RMB 800 million of its idle funds for cash management, primarily in low-risk wealth management products. This aims to improve fund utilization and increase returns without impacting normal operations. The plan is valid for 12 months and requires shareholder approval.

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Full Translation

AI Translation· gemini_document

Securities Code: 002137

Securities Abbreviation: Shiyida

Announcement No.: 2026-037

Shenzhen Shiyida Technology Co., Ltd.

Announcement on Using Part of Idle Own Funds for Cash Management

The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Key Information Highlights:

  1. Investment Type: To improve the utilization efficiency of the Company's (including its consolidated subsidiaries, hereinafter referred to as the Company) own funds, and without affecting normal operations and business development, the Company plans to use part of its idle own funds for cash management. The cash management products mainly include, but are not limited to, structured deposits with banks, income certificates from securities firms, and other low-risk wealth management products with high security or good liquidity.

  2. Funding Amount: The maximum amount shall not exceed RMB 80,000 million, and funds can be used on a revolving basis within this limit.

  3. Special Risk Warning: When the Company uses its idle own funds for cash management, it selects low-risk wealth management products with high security or good liquidity. However, the financial market is significantly affected by the macro economy, and it is not excluded that this investment may be affected by market volatility, liquidity risk, operational risk, and other factors, leading to actual investment returns not reaching the expected level.

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