Core Viewpoint - The company is utilizing idle self-owned funds for wealth management to enhance capital efficiency and generate greater economic benefits while ensuring normal operational liquidity [2][4]. Group 1: Basic Situation of Wealth Management - The company has approved a maximum amount of RMB 50 million for structured deposits and financial products from banks, securities companies, or trust companies, ensuring that normal operational liquidity is maintained [2]. - The source of funds for this investment includes temporarily idle self-owned funds and funds from previous investments that have matured [2]. Group 2: Progress and Risk Situation of Wealth Management - From September 26, 2025, to the date of this announcement, the company has used RMB 190 million to purchase wealth management products from various financial institutions, including Shanghai Pudong Development Bank and China Merchants Bank [2]. - The purchased products are primarily low to medium-risk financial products with a maturity of no more than 12 months, indicating a controlled overall risk [4]. Group 3: Impact on the Company and Risk Control Measures - The use of idle funds for wealth management is expected to improve the efficiency and returns of these funds without significantly impacting the company's main business, financial status, operating results, or cash flow [2]. - The company has established a robust approval and execution process for purchasing wealth management products, ensuring effective and standardized operations [4]. - The finance department will monitor the investment's progress and take necessary actions if risks to fund safety are identified, while internal audits and independent directors will oversee fund usage [4].

Core Viewpoint - The company has approved the use of idle self-owned funds for entrusted wealth management, with a maximum amount of 450 million RMB, to enhance fund utilization efficiency and generate investment returns [1] Group 1: Investment Details - The company will use up to 450 million RMB of idle self-owned funds to purchase financial institution wealth management products, with a usage period not exceeding 12 months from the approval date [1] - As of the announcement date, the total balance of entrusted wealth management has reached 252 million RMB, accounting for 10% of the company's audited net assets for 2024, and exceeding 10 million RMB in absolute amount [1] Group 2: Approval Process - The proposal for using idle self-owned funds for entrusted wealth management has been approved by the company's sixth board of directors' fourth meeting, and does not require further submission for approval [1] Group 3: Impact on Daily Operations - The use of idle self-owned funds for entrusted wealth management will not affect the company's daily operational liquidity or the normal conduct of its main business, and is expected to improve overall performance and returns for the company and its shareholders [5]

Core Points - The company Huakai Yibai Technology Co., Ltd. has approved a resolution to use up to 700 million RMB of idle funds for entrusted wealth management [1] - The board meeting was held on November 3, 2025, and all nine attending directors voted in favor of the resolution, resulting in a unanimous approval [1] - The funds will be used within a 12-month period from the date of the board's approval, and the management is authorized to make investment decisions within this limit [1] Financial Management - The resolution allows for the idle funds to be used in a way that ensures the company's operational needs and financial safety are prioritized [1] - The company aims to improve the efficiency of idle fund usage through this wealth management strategy [1]

Core Viewpoint - The company, Huakai Yibai, announced the use of up to 700 million RMB of idle self-owned funds for entrusted wealth management, including structured deposits, large certificates of deposit, and stable financial products issued by banks and other financial institutions [1] Group 1 - The total amount allocated for wealth management is capped at 700 million RMB [1] - The funding source for this investment is idle self-owned funds [1] - The decision was approved by the company's fourth board of directors at its thirteenth meeting and does not require shareholder approval [1] Group 2 - The authorization period for this investment is set for 12 months from the date of board approval [1] - The funds can be used in a rolling manner during the authorization period [1]

Core Viewpoint - The company has released its third-quarter financial report, ensuring the accuracy and completeness of the information disclosed, with no significant omissions or misleading statements [2][3]. Financial Data Summary - The company reported a 100% increase in trading financial assets compared to the beginning of the year, attributed to the purchase of structured deposits during the reporting period [4]. - Accounts receivable increased by 36% year-on-year, driven by higher sales volume and revenue [4]. - The company’s prepayments rose by 96% compared to the beginning of the year, due to increased advance payments for goods [5]. - The company’s investment income decreased by 268% year-on-year, primarily due to the recognition of discount interest from bill discounting as investment income [5]. - The company’s tax expenses increased by 40% year-on-year, reflecting a rise in pre-tax profits [5]. Shareholder Information - The company held meetings on July 10 and August 15, 2025, to approve the use of idle funds for wealth management and cash management, with limits set at RMB 400 million and RMB 60 million respectively [6][7][8]. - The company has increased the limit for using idle self-owned funds for cash management from RMB 400 million to RMB 600 million, effective from July 1, 2025 [8]. Other Important Matters - No significant events as defined by the relevant securities laws were reported during the period [8].

Core Viewpoint - Company Rongzhi Rixin (688768) has announced plans to utilize idle raised funds and self-owned funds for cash management and entrusted wealth management, aiming to enhance capital efficiency and comply with regulations [1][2]. Financial Performance - As of October 30, 2025, Rongzhi Rixin's stock closed at 47.48 yuan, down 3.42% from the previous trading day, with a total market capitalization of 4.178 billion yuan [1]. - The stock opened at 49.16 yuan, reached a high of 49.17 yuan, and a low of 47.08 yuan, with a trading volume of 1.01 billion yuan and a turnover rate of 2.42% [1]. Fund Management Plans - The company plans to use up to 73 million yuan of temporarily idle raised funds for cash management and up to 500 million yuan of self-owned funds for entrusted wealth management, with a usage period not exceeding 12 months from the board's approval [1]. - Idle raised funds can be invested in various principal-protected products, including structured deposits, agreed deposits, notice deposits, time deposits, large certificates of deposit, treasury reverse repos, and income certificates [1]. - Self-owned funds may be allocated to money market funds, trust products, and entrusted loans [1]. Regulatory Compliance - The board of directors has approved the aforementioned plans without the need for shareholder meeting approval [1]. - Guoyuan Securities, the sponsor, has issued a special verification opinion stating that the plans comply with relevant regulations and will not affect the normal implementation of fundraising projects, thus supporting the efficiency of fund utilization [1].

Core Viewpoint - The company has recently utilized idle funds of 1.20 billion yuan to engage in reverse repurchase agreements of government bonds traded on the Shanghai Stock Exchange, indicating a strategic move to optimize cash management [1] Financial Summary - As of September 30, 2025, the amount invested in financial management represents 8.70% of the company's ending cash, 3.53% of net assets, and 2.69% of total assets, suggesting a limited impact on the company's main business and financial condition [1] - Over the past twelve months, the company has invested a total of 17.40 billion yuan in entrusted financial management, yielding a cumulative return of 1.95 million yuan, with no principal amount yet to be recovered [1] - There remains an unused financial management quota of 5.00 billion yuan, indicating potential for further investment opportunities [1]

Core Viewpoint - The company has approved a plan to utilize part of its temporarily idle self-owned funds for entrusted wealth management, with a total investment amount not exceeding 400 million yuan [1] Group 1: Investment Details - The investment will include structured deposits, income certificates, government bonds, central bank bills, financial bonds, equity funds, and stable wealth management products issued by banks and other financial institutions [1] - The source of funds will be from the company's and its subsidiaries' temporarily idle self-owned funds, with the approved amount being available for rolling use [1] Group 2: Authorization and Timeline - The authorization is effective from the date of the board's approval until October 31, 2026 [1]

Core Viewpoint - The company has disclosed its third-quarter financial report and announced the use of idle funds for entrusted wealth management, aiming to enhance fund efficiency and returns [21][38]. Financial Data - The third-quarter financial report has not been audited [21] - The company reported a total of 12,356,111 shares repurchased, accounting for 0.71% of the total share capital [5] - The company has no non-recurring gains or losses to report [3] Shareholder Information - The company has completed the registration of share changes related to arbitration matters, with no further disputes with the involved parties [8] - The company has a total of 9,000 million yuan allocated for entrusted wealth management [22] Legal Matters - The company faced arbitration claims totaling 1 billion yuan and 1.5 billion yuan from two investment groups, which were later withdrawn [8] - The original actual controller of the company is under investigation for alleged embezzlement of 240 million yuan in government subsidies [10] Asset Management - The company plans to sell idle assets for a total of 135 million yuan, with some payments already received [11] - The company is in the process of selling land use rights and construction projects with a book value of 80.84 million yuan [12] Debt Restructuring - The company has reached a debt settlement agreement with creditors, expecting a debt reduction of at least 44.28 million yuan [18] Regulatory Compliance - The company received warning letters from regulatory bodies for failing to disclose certain agreements during a previous stock issuance [19]

Core Viewpoint - The company, Zhejiang Yunzhongma Co., Ltd., has announced its decision to use idle self-owned funds for entrusted wealth management, aiming to enhance fund utilization efficiency and increase returns for the company and its shareholders [7][9][16]. Financial Data - The financial statements for the third quarter of 2025 have not been audited [3]. - The company reported that the net profit of the merged entity before the merger was 0 yuan, consistent with the previous period [6]. Investment Overview - The company plans to invest up to 500 million yuan in low-risk, high-liquidity financial products or deposit-type products [10][12]. - The investment will be funded from idle self-owned funds, ensuring that daily operational needs and main business activities remain unaffected [16]. Risk Management - The company acknowledges potential market volatility risks and will implement strict decision-making and management processes for entrusted wealth management [15]. - Independent directors and the supervisory board will have the authority to oversee the use of funds and may engage professional institutions for audits if necessary [15]. Board Meeting - The 21st meeting of the third board of directors was held on October 27, 2025, where the proposal for using idle funds for entrusted wealth management was approved unanimously [20][23]. - The meeting complied with relevant laws and regulations, with all 11 directors present [20].