Core Viewpoint - The company has approved the use of up to 500 million yuan of excess and idle raised funds for cash management, ensuring that it does not affect the normal investment plans of the raised funds [1] Group 1: Cash Management Approval - The company convened its board and supervisory meetings on November 8, 2024, and a temporary shareholders' meeting on November 26, 2024, to approve the cash management proposal [1] - The cash management period is set for 12 months from the date of the shareholders' meeting approval, allowing for the funds to be used in a rolling manner within the approved limit [1] Group 2: Investment Products Overview - The company has decided to invest in a financial product named "Oriental Fortune Securities Lucky Bull Shark Fin No. 261 Income Certificate" with a purchase amount of 13 million yuan [1] - The product has a fixed interest rate of 1.75% and a floating interest rate that can vary based on specific conditions [1] Group 3: Risk Control Measures - The company will only invest in high-security and liquid products that do not affect daily operations, with a clear separation of decision-making, execution, and supervision roles [3] - Specific measures will be taken to control investment risks, including timely actions if adverse factors are identified [3] Group 4: Previous Cash Management Activities - The company has previously used excess and idle funds for cash management, with various financial products subscribed to over the past twelve months [3][4] - Details of these previous investments include various income certificates with different types and terms, ensuring a diversified approach to cash management [4][5]