Zheng Quan Zhi Xing·2025-03-25 13:33Core Viewpoint - The company plans to utilize up to RMB 2.8 billion of its temporarily idle funds for cash management, aiming to enhance fund efficiency and increase returns while ensuring that its main business operations remain unaffected [1][2]. Group 1: Overview of Cash Management - The purpose of cash management is to improve fund utilization efficiency and increase company revenue while ensuring sufficient liquidity for normal operations [2]. - The source of funds for this cash management initiative will be the company's temporarily idle self-owned funds, which will not impact normal business operations [2]. - The maximum daily balance for cash management is set at RMB 2.8 billion, with the ability to roll over funds within this limit [2]. - The authorization period for this initiative is 12 months from the date of board approval, with the chairman authorized to make investment decisions [2]. - The company will adhere to prudent investment principles, selecting high-security, liquid, and low-risk investment products [2]. Group 2: Impact on the Company - Utilizing idle self-owned funds for cash management is expected to enhance fund efficiency and increase returns for the company and its shareholders, without significantly impacting future main business operations, financial status, operating results, or cash flow [2]. Group 3: Approval Process - The board of directors and the supervisory board approved the cash management proposal during meetings held on March 25, 2025, confirming compliance with relevant regulations and ensuring that shareholder interests, especially those of minority shareholders, are protected [4].