Overview - The company plans to use idle self-owned funds for cash management to improve fund utilization efficiency and increase investment returns for the company and its shareholders [1][4]. Cash Management Details - The purpose of cash management is to enhance the efficiency of idle funds without affecting the company's main business operations and ensuring operational funding needs [1]. - The company intends to use up to RMB 400 million for cash management [1]. - The funds are sourced from legally compliant idle self-owned funds, ensuring normal business operations [1]. - Investment products will be selected from financial institutions with legal qualifications, focusing on high safety and liquidity, excluding securities investments [1][2]. Implementation and Duration - The cash management authorization is valid for 12 months from the board's approval, allowing for rolling use of the specified amount [2][4]. - The board has authorized the chairman to make investment decisions and sign relevant contracts, with the finance department responsible for implementation [2]. Impact on Daily Operations - The use of idle funds for investment will not affect the company's main business and is expected to improve fund efficiency and generate investment returns, enhancing overall company performance [2][3]. Risk Management - The company aims to invest in low-risk, liquid financial products, with a focus on controlling investment risks [3]. - The company will monitor economic conditions and market changes to adjust investment strategies accordingly [3]. Approval Process - The board of directors approved the cash management proposal during a meeting on August 27, 2025, ensuring compliance with operational funding needs and fund safety [3][4]. Sponsor's Opinion - The sponsor believes the cash management initiative has been approved by the board and complies with relevant laws and regulations, enhancing the efficiency of idle funds and benefiting all shareholders [4].