Core Viewpoint - The company has approved the use of idle raised funds for cash management, specifically investing up to RMB 650 million in low-risk, high-security structured deposit products to enhance fund efficiency and returns for shareholders [1][2][3]. Group 1: Cash Management Product Redemption - The company purchased a structured deposit product from Industrial and Commercial Bank of China (ICBC) on May 30, 2024, with a total investment of RMB 650 million, which matured on May 19, 2025, yielding a total return of RMB 15,697,232.88 [2][3]. - The investment was fully recovered without any overdue amounts, and the funds were returned to the designated account for raised funds [2][3]. Group 2: Fundraising and Investment Purpose - The company raised a total of RMB 2,711.70 million through an initial public offering, with a net amount of RMB 2,620.05 million after deducting issuance costs [3]. - The purpose of using idle funds for cash management is to improve fund efficiency and increase returns without affecting the construction of investment projects [3][4]. Group 3: Investment Details - The total amount allocated for cash management is RMB 650 million, which is the maximum limit set for such investments [4]. - The structured deposit product has a maturity date of May 19, 2026, and is designed to be low-risk with a guaranteed principal [4][5]. Group 4: Risk Management - The structured deposit products are classified as low-risk investments with high security and liquidity, and the company has implemented measures to monitor and manage potential risks [5]. - The management team is responsible for overseeing the cash management products, with the finance department analyzing and tracking the investment's performance [5]. Group 5: Impact on the Company - The cash management initiative is expected to enhance fund efficiency and provide better returns to shareholders without significantly impacting the company's main business or financial status [6]. - The cash management investment represents 10.75% of the company's cash at the end of the most recent reporting period [6].