Shandong Ensen High-tech Materials Co., Ltd. (hereinafter referred to as "the Company") convened the 34th meeting of the 5th Board of Directors on March 27, 2026, and approved the proposal regarding the use of idle self-owned funds for cash management. The amount used shall not exceed RMB 100 million (including RMB 100 million) for cash management, and the effective period shall be from the approval date until 12 months thereafter. During this period, the funds can be used flexibly, and the effective period can be extended for another 12 months upon approval by the Board of Directors.
Investment Overview
- Investment Purpose
Under the condition that the Company is not engaged in regular business operations, the maximum limit for the use of idle self-owned funds for cash management is to enhance the investment returns for the Company and its shareholders.
- Investment Period
The investment period shall not exceed 12 months. During the above-mentioned period, the funds can be used flexibly, and the effective period can be extended for another 12 months.
- Investment Amount
The Company shall not exceed RMB 100 million (including RMB 100 million) for cash management.
- Investment Type
The Company will invest in low-risk investment products.
- Source of Funds
The source of funds comes from the Company's idle self-owned funds.
Approval Procedure
The proposal was approved at the 34th meeting of the 5th Board of Directors on March 27, 2026.