300894SZSE

Announcement on Progress of Cash Management Using Idle Raised Funds

Marssenger Kitchenware Co., Ltd.··3 pages

✨ AI Summary

Huoxingren Kitchenware Co., Ltd. announces its progress in cash management using idle raised funds. The company invested RMB 20 million in a structured deposit product with CITIC Bank, with an annualized yield of 1.00%-1.82%. This investment is within the approved limit and does not affect the company's fundraising project or normal operations.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 300894 Bond Code: 123154 Securities Abbreviation: Huoxingren Bond Abbreviation: Huoxing Zhuanzhai Announcement No.: 2026-015 Huoxingren Kitchenware Co., Ltd. Announcement on Progress of Cash Management Using Idle Raised Funds The Company and all members of the Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions. Huoxingren Kitchenware Co., Ltd. (hereinafter referred to as the "Company") held the fifth meeting of the fourth Board of Directors on April 7, 2026, and reviewed and approved the "Proposal on Using Part of Idle Raised Funds for Cash Management." It was agreed that the Company would use no more than RMB 20,000.00 million of idle raised funds for cash management, valid for 12 months from the date of approval by the Board of Directors. Within the above amount and period, the funds can be used in a revolving manner. The Company's sponsor institution has issued a clear opinion of consent on the above matter. For details, please refer to the "Announcement on Using Part of Idle Raised Funds for Cash Management" (Announcement No.: 2026-014) disclosed by the Company on the Juchao Information Network (www.cninfo.com.cn). Recently, the Company has used part of its idle raised funds for cash management. The relevant situation is hereby announced as follows: I. Main情况 of Using Idle Raised Funds for Cash Management This Time Unit: RMB million Sequence No. Entrusted Party Product Name Yield Type Investment Amount Start Date Maturity Date Annualized Yield 1 CITIC Bank Co., Ltd. "Hengying Zhixin" Interest Rate Linked Structured Deposit, RMB Principal Linked, A

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.