Group 1 - The company approved the use of up to RMB 100 million of temporarily idle raised funds for cash management during the sixth board meeting on February 24, 2025 [1] - The management is authorized to handle related matters and sign relevant documents, with the authorization period lasting 12 months from the board's approval [1] - The underwriter, Shenwan Hongyuan Securities, provided a non-disagreement verification opinion on this matter [1] Group 2 - On November 24, 2025, the company invested RMB 50 million in a large-denomination certificate of deposit from China Construction Bank, with a 3-month term and an expected annualized return of 0.9% [1] - The investment matured on February 24, 2026, resulting in the recovery of the principal amount of RMB 50 million and an earned interest of RMB 113,400 [1] - The company disclosed the cash management details in a public announcement on November 25, 2025 [1]