001218.SZ announced that the 17th meeting of the fourth session of the Board of Directors and the Ninth meeting of the fourth session of the Supervisory Committee were held on December 29th, 2021, which examined and passed the motion on using some of the funds raised temporarily idle for cash management.
In order to improve the efficiency of the use of temporarily idle funds raised by the company and increase the company's income, on the premise of ensuring the normal operation of the company, without affecting the normal operation of the fund-raising project and ensuring the safety of the funds raised, the company intends to use temporary idle funds not exceeding RMB 450 million yuan for cash management. Used to purchase investment products (including but not limited to structured deposits, large certificates of deposit, time deposits and wealth management products, etc.) sold by legally qualified financial institutions with high security, good liquidity and capital preservation, and these cash management products shall not be used for pledge or investment for the purpose of securities investment. Valid within 12 months from the date of examination and approval by the board of directors. Within the foregoing quota and time limit, the funds can be recycled and rolled over.