Parker New Materials: Intends to use 130 million yuan of idle funds raised for cash management.
Parker New Material announced that the company held the sixth meeting of the fourth board of directors and agreed to temporarily use a maximum amount of up to 400 million yuan idle raised funds for cash management, which can be used on a rolling basis. The total investment amount for cash management this time is 130 million yuan, with investments in structured deposits in banks. The company purchased from China Bank and Bank of Ningbo, with product terms ranging from 86 to 107 days, and annualized returns between 0.59% and 2.9%. As of September 30, 2025, the company's monetary funds were 2.186 billion yuan, with the subscription ratio of this time accounting for 5.95%, which will not affect the development of raised investment projects and main operations.
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