Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds for cash management to enhance fund efficiency and returns while ensuring the safety and normal use of the raised funds [4][12]. Group 1: Investment Overview - The investment amount for cash management is set at 30 million yuan [5]. - The source of funds for this cash management comes from temporarily idle raised funds [5]. - The total amount raised from the initial public offering was approximately 519.92 million yuan, with a net amount of about 412.11 million yuan after deducting related expenses [6]. Group 2: Investment Purpose - The purpose of the investment is to effectively reduce the cost of idle raised funds and enhance their value preservation and appreciation capabilities, ultimately benefiting the shareholders [4]. Group 3: Investment Method - The cash management products to be purchased are principal-protected, low-risk products with a 98-day investment cycle and floating returns [8]. - The company assures that this cash management will not affect the normal construction of fundraising projects or the normal use of raised funds [8]. Group 4: Approval Process - The board of directors and the supervisory board approved the cash management proposal during meetings held on February 25, 2025 [2][9]. - The board authorized the use of up to 150 million yuan of temporarily idle raised funds for cash management, with a validity period of 12 months [9]. Group 5: Risk Analysis and Control - The cash management products are considered low-risk, but they may still face various risks, including policy, market, liquidity, and unforeseen events [10]. - The company will implement strict controls by selecting high-safety, high-liquidity products and maintaining proper accounting records for the cash management products [11].

Company Overview - Yangzhou Chunzhitao Tourism Supplies Co., Ltd. has been established with a registered capital of 100,000 RMB [1] - The legal representative of the company is Tao Liangzhong [1] Business Scope - The company is involved in the production of sanitary products and disposable medical supplies, which require approval from relevant authorities before operations can commence [1] - General business activities include sales and manufacturing of daily miscellaneous goods, plastic products, textile products, paper products, and packaging materials [1] - The company also engages in the wholesale and retail of various items such as cosmetics, mother and baby products, daily chemical products, labor protection supplies, and personal hygiene products [1]

Core Viewpoint - The company plans to utilize part of its temporarily idle raised funds for cash management, specifically through structured deposits, to enhance the efficiency and returns of its capital while ensuring the safety of the funds [2][6][10]. Group 1: Cash Management Overview - The cash management product type is structured deposits [2]. - The cash management amount is set at RMB 55 million [5]. - The company has redeemed a previous structured deposit of RMB 60 million, earning a profit of RMB 302,465.75 [3]. Group 2: Purpose and Impact - The purpose of cash management is to effectively reduce idle fund costs and enhance the value retention and appreciation of the raised funds, thereby benefiting shareholders [3][6]. - The cash management will not affect the normal operation of the fundraising projects and is designed to ensure the safety of the raised funds [9][10]. Group 3: Risk Management - The structured deposit is a low-risk product, and the company will maintain proper accounting and oversight of the cash management activities [8]. - The independent directors and supervisory board have the authority to supervise and inspect the use of funds [8]. Group 4: Decision-Making Process - The board of directors and supervisory board approved the cash management proposal on February 25, 2025, allowing for the use of up to RMB 150 million for cash management in safe and liquid products [10].

Core Viewpoint - The company plans to use part of its temporarily idle raised funds for cash management, specifically through structured deposits, to enhance the efficiency and returns of its capital while ensuring the safety of the funds [2][10]. Cash Management Product Redemption - On February 7, 2025, the company purchased structured deposits from Jiangsu Bank amounting to RMB 54 million, which has been redeemed recently, recovering the principal of RMB 54 million and earning a profit of RMB 310,500 [3]. Cash Management Purpose - The purpose of cash management is to effectively utilize idle raised funds to reduce costs associated with idle capital and enhance the preservation and appreciation of these funds, ultimately benefiting shareholders [3][10]. Cash Management Amount - The total amount allocated for cash management is RMB 54 million [5]. Cash Management Product Characteristics - The cash management product is categorized as a low-risk structured deposit, ensuring the safety of the principal [8]. Impact on Fundraising Projects - The use of idle raised funds for cash management does not alter the intended use of the funds and will not affect the normal progress of fundraising projects, thereby protecting shareholder interests [7][10]. Risk Control Analysis - The company will maintain a detailed account of the cash management products and ensure compliance with relevant regulations, with oversight from independent directors and the supervisory board [8]. Cash Management Trustee Information - The cash management is entrusted to Jiangsu Bank and Bank of Communications, both of which are listed financial institutions with no conflicts of interest with the company [9]. Decision-Making Process - The decision to use idle funds for cash management was approved in meetings held on February 25, 2025, by both the board of directors and the supervisory board, allowing for a maximum of RMB 150 million to be used for low-risk, high-liquidity products [12].