Group 1 - The company Lingxiao Pump Industry (002884) announced the purchase of a non-principal guaranteed financial product from Industrial and Commercial Bank of China (ICBC) using idle self-owned funds amounting to RMB 76 million on July 31 [1][2] - The financial product is named "ICBC 'Gongyin Tongli' Series Flexible E RMB Financial Product" with a maturity date of July 30, 2026 [1][2] - The expected annualized return of the financial product is 2.05% [2] Group 2 - The investment amount for the financial product is RMB 76 million [2] - The product will start accruing interest on July 31, 2025 [2] - The investment strategy for the product includes 20%-100% in high liquidity assets, 0%-80% in debt assets, 0%-30% in equity assets, and 0%-80% in other assets or asset combinations [2]

Core Viewpoint - Lingxiao Pump Industry (002884) announced the investment of RMB 60 million in a non-principal guaranteed financial product from Industrial and Commercial Bank of China, with a maturity date of May 7, 2026 [1] Group 1 - The company utilized idle self-owned funds for the investment [1] - The financial product is named "ICBC 'Gongyin Tongli' Series Flexible E RMB Financial Product" [1] - The investment is part of the company's strategy to manage its idle funds effectively [1]

Core Viewpoint - The company has approved the use of idle self-owned funds for cash management, with a limit of up to RMB 1.8 billion, to enhance fund utilization efficiency and ensure liquidity and safety [1]. Group 1: Cash Management Situation - The board of directors has authorized the management to implement cash management using idle self-owned funds, ensuring liquidity and safety [1]. - The company plans to use up to RMB 180,000 million for cash management, which can be rolled over within this limit [1]. - The previous resolution regarding cash management from the 2023 annual general meeting has been annulled [1]. Group 2: Investment Products and Redemption - The company has redeemed various financial products, including RMB 80 million from the "Bank of China Stable Wealth Management Plan" and RMB 90 million from the "Industrial and Commercial Bank of China 'ICBC Tongli' Series Wealth Management Product" [7][8]. - The total amount redeemed from the "ICBC Tongli" series on May 9, 2025, was RMB 90 million, with an additional RMB 2,460 million and RMB 4,100 million redeemed on the same day, yielding respective returns [7]. - The company has also redeemed RMB 5,300 million from a structured deposit and RMB 3,000 million from a wealth management plan on May 12, 2025 [8]. Group 3: Impact on Daily Operations - The use of idle self-owned funds for cash management is designed to ensure the normal operation of the company and its subsidiaries, enhancing overall performance and safeguarding shareholder interests [10]. - The company emphasizes that this cash management will not affect the main business operations and aims to achieve good investment returns [10]. Group 4: Current Investment Status - As of the date of the announcement, the total unused balance of idle self-owned funds for purchasing financial products is RMB 636.5159508 million, which includes the recent purchase of RMB 108 million and excludes the redeemed amount of RMB 481.6 million [13]. - The total balance remains within the authorized limits set by the board and shareholders [13].