Core Viewpoint - The company intends to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency and increase returns for shareholders [1][2][6]. Fundraising Overview - The company has issued 4,678,889 convertible bonds at a face value of RMB 100 each, raising a total of RMB 467,888,900, with a net amount of RMB 460,669,659.96 after deducting issuance costs [1][2]. Investment Project Details - The total investment for the high-performance filtration materials intelligent industry project is RMB 47,322.08 million, with a committed investment of RMB 34,788.89 million from the raised funds. Additionally, RMB 12,000 million is allocated for working capital [2]. Cash Management Plan - The purpose of cash management is to improve fund utilization efficiency due to the construction cycle of investment projects, ensuring that idle funds do not affect normal operations or project construction [2][3]. - The company plans to invest up to RMB 200 million of idle funds in cash management products that are safe, liquid, and low-risk, with a maturity not exceeding 12 months [3][4]. Implementation and Oversight - Cash management will be conducted through a dedicated settlement account, and the company will authorize the chairman or designated personnel to make investment decisions within the approved limits [4][5]. - The company will ensure that the income generated from cash management is managed according to regulatory requirements and will disclose information as per relevant rules [4][5]. Risk Management - The company acknowledges potential market risks but will implement strict approval and execution procedures to manage cash management product purchases and monitor their performance [5][6]. - The board and supervisory committee have reviewed and approved the cash management plan, ensuring it does not affect daily operations or project funding [6][7]. Conclusion - The cash management initiative is designed to enhance fund efficiency without compromising the company's operational integrity or shareholder interests, aligning with the overall goal of increasing returns for all shareholders [6][7].