300945SZSE

Progress Announcement on the Use of Part of the Idle Raised Funds for Cash Management

✨ AI Summary

The company has approved the use of up to 650 million yuan of idle raised funds for cash management to enhance fund efficiency and maximize shareholder returns. Recent cash management activities include the redemption of low-risk financial products with varying yields. The company will continue to ensure that these activities do not affect its main business operations.

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Full Translation

AI Translation· azure_openai

Mankalon Jewelry Co., Ltd. (hereinafter referred to as "the Company") held the third meeting of the sixth board of directors and the second meeting of the sixth supervisory board on April 24, 2025, and the 2024 annual general meeting of shareholders on May 23, 2025. The meetings approved the proposal on the use of part of the idle raised funds and self-owned funds for cash management, depositing the balance in the form of notice deposits and agreed deposits. This aims to improve the efficiency of using idle raised funds and self-owned funds, increase the returns on cash assets, and maximize shareholder interests while ensuring the daily operational funding needs and effectively controlling investment risks. The Company will use no more than 650 million yuan (including the principal) of idle raised funds to purchase low-risk cash management products issued by financial institutions such as banks, securities companies, or trust companies, which have high safety and liquidity (including but not limited to time deposits, structured deposits, agreed deposits, and wealth management products). The deposits of idle raised funds will be stored in the form of notice deposits and agreed deposits for a period not exceeding 12 months from the date of approval by the shareholders' meeting. For specific details, please refer to the announcement disclosed on the Giant Tide Information Network regarding the use of part of the idle raised funds and self-owned funds for cash management (Announcement No. 2025-025). The relevant specific situation of cash management of idle raised funds for the previous month is announced as follows:

1. Redemption of Some Financial Products

No.Product NameProduct TypeEstablishment DateRedemption DateActual Annualized YieldRedemption Principal (10,000 yuan)Actual Earnings (10,000 yuan)Counterparty
1Jin Zun 3381 Phase (270 days)Income Certificate (SRWS81)Fixed Income CertificateMay 16, 2025February 9, 20261.85%35,000479.00
2CITIC Securities Co., Ltd. An Tai Bao Ying Series 1274 Phase Income Certificate (SSBG01)Floating Income TypeIncome CertificateNovember 19, 2025February 24, 20262.50%10,00066.00
3"Tian Li Bao" Structured Deposit Product (TLBB202526987)Principal Guaranteed Floating Income TypeFebruary 2, 2026February 28, 20262.05%190,000277.50Hangzhou Bank Co., Ltd.
4"Tian Li Bao" Structured Deposit Product (TLBB202531875)Principal Guaranteed Floating Income TypeFebruary 2, 2026February 28, 20262.10%58,00086.80Hangzhou Bank Co., Ltd.
5"Tian Li Bao" Structured Deposit Product (TLBB202606560)Principal Guaranteed Floating Income TypeFebruary 2, 2026February 28, 20262.05%90,000131.40Hangzhou Bank Co., Ltd.

2. Main Situation of Purchasing Financial Products

No.Product NameProduct TypeStart DateExpiry DateExpected YieldInvestment Amount (10,000 yuan)Counterparty
1"Tian Li Bao" Structured Deposit Product (TLBB202526987)Principal Guaranteed Floating Income TypeFebruary 2, 2026February 28, 20260.45%-2.25%190,000Hangzhou Bank Co., Ltd.
2"Tian Li Bao" Structured Deposit Product (TLBB202531875)Principal Guaranteed Floating Income TypeFebruary 2, 2026February 28, 20260.45%-2.30%58,000Hangzhou Bank Co., Ltd.
3"Tian Li Bao" Structured Deposit Product (TLBB202606560)Principal Guaranteed Floating Income TypeFebruary 2, 2026February 28, 20260.45%-2.25%90,000Hangzhou Bank Co., Ltd.
4Shenwan Hongyuan Securities Co., Ltd. Long Ding Customized 2893 Phase Income Certificate (SSFG99)Floating Income CertificateFebruary 26, 2026February 16, 20270.40%-2.80%20,000Shenwan Hongyuan Securities Co., Ltd.

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