Core Viewpoint - The company plans to utilize idle self-owned funds for securities investment and derivative trading to enhance capital efficiency and returns, while ensuring normal operational needs and risk control [1][4]. Securities Investment Overview - The company intends to invest up to RMB 500 million (or equivalent foreign currency) in securities and derivative trading, allowing for flexible allocation among various investment products [1][2]. - The investment scope includes domestic and foreign IPO subscriptions, securities repurchase, stock and depositary receipt investments, bond investments, and other recognized investment activities [2]. Derivative Trading - The derivative trading activities will focus on foreign exchange management, including forward foreign exchange settlements, foreign exchange swaps, foreign exchange futures, and options [2]. - The company aims to mitigate foreign exchange risks and improve the efficiency of foreign currency usage [1][4]. Financial Management and Compliance - The investment will be conducted using the company's own funds, avoiding any financial pressure or adverse effects on normal operations [2]. - The company will adhere to relevant regulations and timely disclose information as required by the Shenzhen Stock Exchange [2]. Risk Analysis and Control Measures - The company acknowledges potential market and policy volatility risks, liquidity risks, and operational risks associated with investment activities [3]. - Proposed risk control measures include prudent investment within the approved limits, clear management and disclosure protocols, and timely adjustments to investment strategies in response to adverse factors [3][4]. Conclusion - The company emphasizes cautious investment principles, ensuring that the use of idle funds for securities and derivative trading will not impact normal operations, while aiming to achieve higher returns for the company and its shareholders [4].

Group 1 - The company and its subsidiaries have recently had some frozen bank accounts released, with a total balance of 537 million yuan being unfrozen [2] - The majority of the previously frozen funds were time deposits, and the company currently has no immediate plans to use these funds [2] - The unfreezing of accounts is expected to improve the efficiency of fund utilization and ensure the normal operation of business activities, positively impacting company management [2] Group 2 - As of the announcement date, the company has faced frozen funds due to a contractual dispute with Shenzhen Zhonghang Bit Communications Technology Co., Ltd., amounting to 10.2384 million yuan, and another dispute with Xi'an Dixin Technology Co., Ltd., resulting in 690,900 yuan being frozen [2] - The company and its subsidiaries are actively responding to the disputes and seeking to resolve the freezing issues as soon as possible [2] - The company specializes in command and control information processing equipment, software radar information processing systems, and intelligent unmanned devices [2] Group 3 - In the first quarter of 2025, the company achieved an operating revenue of 20.76 million yuan, representing a year-on-year growth of 45.24% [2]