Core Viewpoint - The company has approved the use of idle funds from a non-public stock issuance for cash management, aiming to enhance fund efficiency and returns while ensuring the safety of the raised funds [1][8]. Investment Overview - The investment purpose is to utilize idle raised funds effectively to increase returns without affecting ongoing investment projects [2]. - The total amount for the entrusted financial management is 140 million RMB [3]. - The funds are sourced from idle non-public issuance funds, which raised a net amount of approximately 697.47 million RMB after deducting issuance costs [4]. Investment Details - The company will invest 100 million RMB in a structured deposit with China Construction Bank and 40 million RMB in a structured deposit with Shanghai Pudong Development Bank [7]. - The investment periods are 90 days for the China Construction Bank product and 7 days for the Shanghai Pudong Development Bank product [7]. Approval Process - The board and supervisory committee approved the cash management proposal on April 25, 2025, allowing up to 170 million RMB for investment in low-risk financial products [8]. - The investment decision-making is authorized to the company's general manager or authorized personnel within the approved limits [8]. Risk Management - The financial products purchased are low-risk, principal-protected products, ensuring that the investment does not alter the intended use of raised funds [6][10]. - The company will maintain close contact with the trustees to monitor fund operations and strengthen risk control [6]. Impact on the Company - The cash management of idle funds is expected to improve fund efficiency and increase returns for the company and its shareholders [13]. - The accounting treatment of cash management products will comply with the "New Financial Instruments Standards," potentially affecting various financial statement items [14].