Core Viewpoint - The company has initiated a wealth management program using idle funds to enhance capital efficiency and generate investment returns while ensuring operational liquidity and safety [1][2]. Group 1: Basic Situation of Wealth Management - The company approved a plan to invest idle funds in low to medium-risk financial products from reputable financial institutions, with a single investment limit of 400 million yuan and a total cap on cumulative investments [1]. - The authorization for this investment strategy is valid from the date of the 2024 annual shareholders' meeting until the 2025 annual shareholders' meeting [1]. Group 2: Progress of Wealth Management - As of the announcement date, the company has redeemed part of its wealth management products, receiving a total of 20.02 million yuan in principal and returns [2]. - From July 1, 2025, to the announcement date, the company has invested a total of 98.95 million yuan in wealth management products from Shanghai Pudong Development Bank, Industrial and Commercial Bank of China, and Guotai Junan Securities [2]. Group 3: Impact on the Company - The wealth management initiative is designed to not affect the company's daily operations or liquidity needs, thereby allowing the company to maintain its core business activities while improving capital efficiency and shareholder returns [2]. Group 4: Risk Control Measures - The company has established a robust approval and execution process for purchasing wealth management products, ensuring effective cash management and safety of funds [4]. - The company adheres to a prudent investment principle, selecting reputable issuers with strong financial security capabilities [4]. - The finance department monitors the investment products closely, and independent directors have the authority to conduct regular checks on the investment status [4].