Core Viewpoint - The West Securities Easy Storage Cash Management Collective Asset Management Plan will terminate on July 17, 2025, due to the expiration of its contract, and will enter the liquidation process on July 18, 2025 [1][2]. Group 1: Basic Information of the Collective Plan - The collective plan is named "West Securities Easy Storage Cash Management Collective Asset Management Plan" with the product code 970171 [1]. - The plan is a contractual open-ended type and was established on July 20, 2022 [1]. Group 2: Reasons for Termination of the Asset Management Contract - The termination is based on the stipulation that the plan's duration cannot exceed three years, leading to its expiration on July 17, 2025 [2]. Group 3: Liquidation of Collective Plan Assets - The last operational day of the plan is set for July 17, 2025, after which it will enter the liquidation process, ceasing the collection of management, custody, and sales service fees [3]. - A liquidation team will be formed, consisting of the manager, custodian, certified public accountants, lawyers, and personnel designated by the China Securities Regulatory Commission [3][4]. - The responsibilities of the liquidation team include safeguarding, clearing, valuing, liquidating, and distributing the assets of the collective plan [3][4]. Group 4: Liquidation Process - The liquidation process includes several steps: taking over the plan, confirming assets and liabilities, valuing and liquidating assets, preparing a liquidation report, and obtaining external audits and legal opinions [4]. - The liquidation period is set for six months, but may be extended if the liquidity of the securities held by the plan is restricted [4]. Group 5: Distribution of Remaining Assets - After deducting liquidation costs, taxes, and settling debts, the remaining assets will be distributed to plan holders based on their shareholding proportions [6]. Group 6: Announcement of Liquidation - Significant matters during the liquidation process will be announced promptly, and the liquidation report will be audited and filed with the China Securities Regulatory Commission [7]. - The liquidation report will be published within five working days after filing [7]. Group 7: Document Preservation - The liquidation records and related documents will be preserved by the custodian for a minimum period as required by law [8].