Core Viewpoint - The company plans to utilize up to RMB 600 million of idle raised funds for cash management, ensuring that it does not affect the progress of investment projects or normal operations [1] Group 1 - The second board meeting was held on February 4, 2026, where the proposal for cash management was approved [1] - The cash management will involve using idle funds, including oversubscribed funds, within a 12-month period from the approval date [1] - The investment products selected will have high safety, good liquidity, low risk, and a maturity of no more than 12 months, and will not be used for pledging or securities investment [1]

Core Viewpoint - Hebei Zhongci Electronic Technology Co., Ltd. has approved the use of up to RMB 1.83 billion of idle raised funds for cash management, focusing on safe, liquid, and principal-protected bank deposits with a maximum investment period of 12 months [1][8]. Group 1: Cash Management Implementation - The company has signed agreements with Bank of China to purchase RMB structured deposits amounting to RMB 52 million and RMB 48 million, respectively [2][22]. - The structured deposits are principal-protected with floating returns, starting on January 23, 2026, and maturing on April 21, 2026, and starting on January 26, 2026, and maturing on April 23, 2026 [3][22]. - The company ensures that the use of idle funds does not affect the construction of fundraising projects and normal operations, aiming to enhance fund efficiency and generate investment returns for shareholders [2][14]. Group 2: Financial Overview - As of the announcement date, the company has not redeemed RMB 1.4 billion of idle raised funds for cash management, with RMB 640 million from the company and RMB 760 million from its wholly-owned subsidiary, Beijing Guolian Wanzhong Semiconductor Technology Co., Ltd. [5][18]. - The company has also reported the redemption of RMB 145 million from its subsidiary, with total investment returns of RMB 175,100 [9][18]. Group 3: Risk Management - The company acknowledges that while the investments are low-risk, they are still subject to market fluctuations influenced by macroeconomic conditions [4][15]. - The company will adhere to prudent investment principles, avoiding high-risk securities and ensuring that funds are monitored and managed effectively [4][17].

Core Viewpoint - The company plans to utilize part of its idle raised funds for cash management to enhance capital efficiency while ensuring that it does not affect normal operations or the construction of fundraising projects [3][9]. Investment Overview - **Investment Purpose**: The company aims to improve the efficiency of fund usage by managing idle raised funds, thereby increasing cash returns for the company and its shareholders [3]. - **Investment Amount**: The total amount allocated for cash management is RMB 30 million [3]. Fund Sources - The company has received approval from the China Securities Regulatory Commission to issue convertible bonds totaling RMB 601.65 million, with a net amount of RMB 590.36 million after deducting various fees [4]. Investment Method - The company has invested in structured deposits with a maximum limit of RMB 300 million, ensuring that the investment does not impact the ongoing projects funded by the raised capital [6]. Risk Management - The company adheres to prudent investment principles, selecting high-credit and secure issuers for its investments [7]. - The financial management department will monitor the investment products and take necessary actions if risks are identified [7][8]. Impact on the Company - The cash management of idle funds will not affect the company's normal operations and is expected to create better returns for the company and its shareholders [9]. Progress Disclosure - The company recently redeemed a structured deposit from CITIC Bank, recovering the principal of RMB 30 million and earning a profit of RMB 407,600 [10].

Core Viewpoint - The company has approved the use of idle raised funds for cash management to enhance fund utilization efficiency and increase returns for shareholders [2][3]. Group 1: Cash Management Overview - The company plans to use up to RMB 45 million of idle raised funds for cash management, with a decision valid for 12 months from the board's approval date [2][5]. - The total amount allocated for cash management investments is RMB 5 million, sourced from temporarily idle funds raised through convertible bonds [3][4]. - The company issued 5.8 million convertible bonds at RMB 100 each, raising a total of RMB 58 million, with a net amount of RMB 57.54 million after fees [3][4]. Group 2: Investment Purpose and Strategy - The objective of cash management is to improve the efficiency of raised funds, reduce financial costs, and increase returns for shareholders without affecting normal operations or project construction [3][8]. - The investment will focus on low-risk, high-liquidity products such as structured deposits, ensuring that the funds are not used for pledging [6][8]. Group 3: Risk Control Measures - The company will adhere to relevant regulations and establish a robust approval and execution process for cash management to ensure fund safety [7]. - A separation of decision-making, execution, and supervision roles will be implemented to manage cash management investments effectively [7]. - The audit committee will monitor fund usage to prevent any unauthorized changes in the use of raised funds [7]. Group 4: Impact on the Company - The cash management initiative will not adversely affect the normal operation of the company or the progress of investment projects, while also providing potential returns on idle funds [8].

Core Viewpoint - The company, Zhongji United (Beijing) Technology Co., Ltd., is utilizing idle raised funds for cash management to enhance fund efficiency and returns while ensuring the safety of the raised funds and normal operations [2][4]. Investment Overview - The investment aims to improve the efficiency of raised funds, increase returns, and reduce financial costs while ensuring that it does not affect the company's normal operations or the construction of fundraising projects [4]. - The total investment amount for this cash management is RMB 18 million [5]. - The source of funds for this investment is part of the company's idle raised funds [7]. Fundraising Background - The company raised a total of RMB 1,043.35 million through the issuance of 27.5 million shares at a price of RMB 37.94 per share, with a net amount of RMB 969.34 million after deducting issuance costs [8]. Investment Method - On February 3, 2026, the company's subsidiary purchased a structured deposit product from Industrial Bank, with a focus on high safety and liquidity [10]. Recent Cash Management Situation - As of the announcement date, the company has utilized idle raised funds for cash management, with a balance of RMB 49 million in financial products [17]. Approval Process - The company’s board and supervisory board approved the cash management proposal, which was also ratified by the annual shareholders' meeting, allowing for the use of up to RMB 60 million in idle funds [2][13]. Impact on the Company - The company maintains a reasonable debt level, with total liabilities of RMB 820.96 million and a debt-to-asset ratio of 22.34%, indicating a sound financial structure [17]. - The investment in financial products is recorded as "trading financial assets" on the balance sheet, with interest income classified under "investment income" [17]. Intermediary Opinions - The sponsor, CITIC Securities, confirmed that the cash management activities comply with relevant laws and regulations and do not alter the intended use of raised funds [18].

Core Viewpoint - The company plans to utilize idle raised funds for cash management to enhance fund efficiency and increase returns for the company and its shareholders, while ensuring that it does not affect the construction of investment projects and maintains fund safety [3][16]. Investment Overview - Investment Purpose: To improve the efficiency of raised fund usage without impacting project construction and ensuring fund safety [3]. - Investment Amount: The company will use up to RMB 220 million (including principal) for cash management, effective for 12 months from the board's approval [2][3]. - Fund Source: The raised funds were obtained from a public offering of 15 million shares at RMB 58.58 per share, totaling RMB 878.7 million, with a net amount of RMB 746.81 million after deducting issuance costs [4]. Investment Method - Investment Types: The company will invest in high-security, liquid, principal-protected products with a maximum term of 12 months, including structured deposits, time deposits, and large certificates of deposit [7]. - Implementation: The board authorizes the chairman or designated individuals to manage cash management activities within the approved limits [8]. - Profit Distribution: Earnings from cash management will belong to the company and will be returned to the special account after maturity [9]. Review Procedures - The cash management plan has been approved by the company's board and audit committee, and does not require shareholder approval [12][17]. Impact on the Company - The cash management of idle funds will not affect the ongoing investment projects and will enhance fund usage efficiency, thereby increasing returns for the company and shareholders [16].

Core Viewpoint - The company, Changzhou Aohong Electronics Co., Ltd., has announced the use of idle raised funds for cash management, specifically investing in structured deposits to enhance fund utilization efficiency and increase returns for shareholders [2][3]. Group 1: Cash Management Overview - Investment Type: Structured deposits [2] - Investment Amount: RMB 50 million [2][3] - Approval Process: The board approved the cash management plan on December 23, 2025, allowing up to RMB 450 million to be used for cash management within 12 months [2][6]. Group 2: Fund Source and Details - Fund Source: The funds are sourced from temporarily idle raised funds from the issuance of convertible bonds in 2025 [4][5]. - Total Raised Funds: The company raised RMB 580 million through the issuance of 5.8 million convertible bonds at RMB 100 each, with a net amount received of RMB 575.4 million after deducting fees [5]. Group 3: Investment Purpose and Impact - Investment Purpose: To improve the efficiency of raised funds, save financial costs, and increase returns for shareholders without affecting normal operations [3][9]. - Impact on Company: The cash management will not adversely affect the implementation of fundraising projects or normal operations, while providing potential investment returns [9]. Group 4: Risk Control Measures - Risk Control: The company will adhere to strict regulations and establish a robust approval and execution process for cash management to ensure fund safety [7][8]. - Monitoring: The finance department will analyze and track investment products, and the audit committee will supervise fund usage to prevent misuse [8][9].

Core Viewpoint - The company announced the approval of a proposal to use part of its idle raised funds for cash management, with a maximum amount of up to RMB 900 million [2]. Group 1 - The company will hold its 19th meeting of the first board of directors on February 3, 2026, to discuss the cash management proposal [2]. - The maximum amount for cash management is set at RMB 900 million, which includes the principal amount [2]. - The usage period for these funds will not exceed 12 months from the date of board approval, and the funds can be used in a rolling manner within the specified limit and timeframe [2].

Core Viewpoint - The company has approved a plan to utilize part of its idle raised funds for cash management, ensuring the funds are invested in low-risk, liquid financial products with a maturity of no more than 12 months [1] Group 1: Company Actions - The company and its wholly-owned subsidiary, Huzhou Dingjie Software Co., Ltd., will use up to RMB 520 million of idle raised funds for cash management [1] - The approved cash management products include structured deposits, income certificates, large-denomination certificates of deposit, and agreed deposits [1] - The usage period for these funds is effective from February 2, 2026, to February 1, 2027, and the funds can be rolled over within the approved limit [1] Group 2: Impact on Operations - The cash management plan will not affect the progress of the investment projects funded by the raised capital or the normal production and operation of the company [1]

Core Viewpoint - The company has approved the use of idle raised funds for cash management, aiming to enhance fund efficiency and generate financial returns for the company and its shareholders [2][3]. Investment Overview - **Investment Purpose**: To improve fund utilization efficiency and obtain financial returns for the company and its shareholders [3]. - **Investment Amount**: The investment amount is set at RMB 25 million [4]. - **Source of Funds**: The funds used for purchasing financial products are from the company's idle raised funds, which total RMB 974.05 million after deducting issuance costs [4]. - **Investment Method**: The company will invest in high-security, liquid financial products, structured deposits, and other low-risk investment products [5]. Recent Cash Management Situation - The company has engaged in cash management activities over the past 12 months, specifically investing RMB 25 million in large-denomination certificates of deposit [5]. Approval Process - The company held board and supervisory meetings on April 25, 2025, and a shareholder meeting on May 21, 2025, to approve the cash management proposal, allowing up to RMB 86 million of idle raised funds for investment [2][5]. Risk Analysis and Control Measures - **Risk Analysis**: The investment products are high-security and liquid, but market fluctuations may still impact these investments [6]. - **Control Measures**: The company will adhere to prudent investment principles, select reputable issuers, and monitor investment performance closely [7]. Impact on the Company - The cash management of idle raised funds will not affect the normal operation of the company's main business or the implementation of fundraising projects [8]. Opinions of Intermediary Institutions - The cash management initiative has been approved by the board and supervisory committee, complies with relevant regulations, and is expected to enhance fund efficiency without altering the intended use of raised funds [9]. Previous Cash Management Redemption - On July 30, 2025, the company redeemed a large-denomination certificate of deposit, recovering the principal of RMB 25 million and earning a profit of RMB 154,900 [10].