002884SZSE

Announcement on the Company's Use of Idle Funds for Cash Management

Guangdong Lingxiao Pump Industry Co., Ltd.·April 10, 2026·4 pages

✨ AI Summary

The company plans to use up to RMB 180 million of idle funds for cash management to improve capital utilization and enhance returns. This initiative, approved by the board of directors, aims to increase revenue and ensure financial stability. The investment period is 12 months, with strict risk control measures and oversight from the board, finance, and audit departments. The company anticipates this will positively impact overall business performance.

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Full Translation

AI Translation· azure_openai

I. Basic Information on the Company's Use of Idle Funds for Cash Management

1. Purpose of Cash Management

To improve capital utilization efficiency, manage idle funds, and enhance returns, the company intends to use idle funds for cash management, thereby increasing revenue and ensuring the company's financial stability.

2. Investment Amount

The company plans to utilize idle funds not exceeding RMB 180 million for cash management.

3. Investment Method

The company will follow relevant regulatory requirements for cash management, and the investment period will be effective for 12 months from the date of board approval.

4. Source of Funds

The above-mentioned cash management will utilize idle funds of RMB 180 million.

5. Investment Period

The investment period will be effective for 12 months from the date of board approval.

6. Implementation Method

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