Shang Hai Zheng Quan Bao·2026-01-12 18:13Group 1 - The company plans to use idle raised funds for cash management, with a total amount not exceeding RMB 410 million, ensuring the safety of the raised funds and the normal progress of investment plans [2][4][15] - The cash management period is effective for 12 months starting from January 25, 2026, with individual product terms not exceeding 12 months [9][16] - The cash management products will be of high safety, good liquidity, and stable types, including time deposits [3][7][15] Group 2 - The company has received approval from its board of directors for the cash management plan, which does not require shareholder meeting approval [3][16] - The cash management aims to improve the efficiency of fund usage and generate returns for the company and its shareholders [6][15] - The company will strictly adhere to regulations regarding the management of raised funds and will disclose progress in cash management in a timely manner [12][16] Group 3 - The company anticipates a net loss for the fiscal year 2025, estimating a net profit attributable to shareholders between -RMB 20 million and -RMB 40 million, and a net profit excluding non-recurring gains and losses between -RMB 75 million and -RMB 85 million [25][27] - The expected loss is attributed to increased R&D expenses, reduced government subsidies, and adjustments in investment income due to market price fluctuations [31][32] - The previous year's net profit was RMB 25.28 million, with a profit total of RMB 35.76 million [29][30]