Core Viewpoint - Jiangsu Tianmuhu Tourism Co., Ltd. has approved the use of idle raised funds for cash management, allowing for a total of up to 300 million yuan to be utilized in this manner over a period not exceeding 12 months, ensuring the safety of the raised funds and the normal operation of investment projects [1][2]. Group 1: Cash Management Approval - The company held board and supervisory meetings on May 24, 2024, and January 10, 2025, respectively, to approve the use of idle raised funds for cash management [1][2]. - The total amount approved for cash management is capped at 300 million yuan, with a maximum usage period of 12 months, and the funds can be rolled over within this limit [2]. Group 2: Redemption of Cash Management Products - The company redeemed cash management products amounting to 90 million yuan, specifically through large certificates of deposit, with each transaction being 15 million yuan [3]. - The redeemed funds and earnings have been returned to the raised funds account [3]. Group 3: Recent Cash Management Performance - In the last 12 months, the company has invested a total of 381 million yuan in cash management, with actual recoveries amounting to 120 million yuan and total earnings of 2.31 million yuan [4]. - The highest single-day investment in the last 12 months reached 291 million yuan, which is 19.83% of the company's net assets for the past year [4]. - The cumulative earnings from cash management in the last 12 months represent 1.02% of the company's net profit for the same period [4].