Topraysolar continues cash management of idle funds

Shenzhen Topraysolar (SZSE:002218) announced the continuation of its cash management strategy, utilizing temporarily idle raised funds. The company's board approved the ongoing management of up to RMB 150 million in idle funds, valid for 12 months. Topraysolar recently redeemed RMB 15 million worth of wealth management products, reinvesting RMB 10 million into new fixed deposit products. These initiatives aim to improve the efficiency of capital use and provide investment returns for shareholders. The company has implemented risk control measures, including financial analysis, internal audits, and oversight by the board.