Yint: Intends to use idle funds of no more than 700 million yuan for cash management.
YingIntel announced that, with approval, the total amount of funds raised in the company's initial public offering is 648 million yuan, with a net amount of 571 million yuan. Due to the long construction period of the investment projects, the funds will be idle in the short term. The company plans to use the idle funds for cash management: up to 200 million yuan of idle funds raised, up to 500 million yuan of idle self-owned funds, with a term of use of up to 12 months starting from the approval of the shareholders' meeting. On December 26, 2025, the board of directors has approved the proposal, and the matter still needs to be reviewed by the shareholders' meeting. The sponsor believes it complies with regulations, does not harm the interests of shareholders, and has no objections.
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