Speechocean(SH:688787) Zheng Quan Zhi Xing·2025-09-05 09:16Core Viewpoint - The company plans to utilize part of its temporarily idle self-owned funds for cash management to enhance fund efficiency and increase returns while ensuring daily operations are not affected [1][4]. Summary by Sections Overview of Cash Management - The purpose of cash management is to improve the efficiency of idle funds and increase cash management returns while controlling risks [1]. - The funds for cash management will come from temporarily idle self-owned funds, which are legally compliant and will not affect normal operations [2]. Types of Investment Products - The company will invest in high-security, liquid financial products, including but not limited to structured deposits, agreement deposits, notice deposits, time deposits, and large certificates of deposit [2]. Amount and Duration - The company intends to use up to RMB 800 million (including principal) for cash management, with a validity period of 12 months from the board's approval [2][4]. - The funds can be used in a rolling manner within the approved amount and duration [2]. Implementation Method - The board authorizes the financial manager to make investment decisions and sign relevant contracts, with the finance department responsible for implementation [2]. Impact on the Company - The cash management initiative will not affect the company's main business operations and is expected to enhance fund efficiency and generate additional returns for the company and its shareholders [3][4]. Supervisory Board Opinion - The supervisory board agrees that using up to RMB 800 million for cash management will improve fund efficiency and increase returns without harming the company's or shareholders' interests [4].