Core Viewpoint - The company has approved the use of temporarily idle raised funds for cash management, allowing for the purchase of high-security, liquid financial products up to 400 million yuan, with a validity period of 12 months from the board's approval date [1][9]. Cash Management Overview - The purpose of cash management is to enhance the efficiency of raised fund utilization without affecting project construction and normal operations, thereby increasing returns for the company and its shareholders [3]. - The source of funds for this cash management initiative is the temporarily idle raised funds from the company's public offering [3]. Fundraising Details - The company was authorized to publicly issue 22,750,000 shares at a price of 40.00 yuan per share, raising a total of 910 million yuan. After deducting underwriting fees and other related costs, the net amount raised was approximately 834 million yuan [4][6]. Risk Control Measures - The company will establish a robust approval and execution process for cash management, ensuring the safety of funds [7]. - Investment products will be selected based on the reputation and scale of the issuing entities to ensure fund security [7]. - The finance department will monitor product performance and take necessary actions to mitigate risks [7]. Impact on the Company - The use of temporarily idle raised funds for cash management will not adversely affect the company's main business or financial status, and it is expected to enhance overall returns for shareholders [8]. - The income generated from cash management will belong to the company and will be managed according to regulatory requirements, with funds returned to the designated account upon maturity [8].

Group 1 - The company Zhejiang Liju Thermal Energy Equipment Co., Ltd. has approved the use of temporarily idle raised funds for cash management, with a total amount not exceeding 400 million yuan [1][1][1] - The approval was granted during the 13th meeting of the first board of directors and the 8th meeting of the first supervisory board held on August 28, 2024 [1][1][1] - The cash management plan is valid for 12 months from the date of approval and can be used in a rolling manner [1][1][1] Group 2 - The company has received a clear and uncontroversial special verification opinion from the sponsor regarding this matter [1][1][1]