Core Viewpoint - The company is utilizing part of its idle raised funds for cash management, specifically investing in a principal-protected floating income product amounting to 39 million yuan, to enhance the value of its raised funds and increase overall company revenue while ensuring that it does not affect the normal operations and investment projects of the company [1][2][7]. Summary by Relevant Sections Cash Management Purpose - The cash management aims to ensure that the use of idle raised funds does not impact the construction of investment projects and the normal operations of the company, thereby better achieving the preservation and appreciation of raised funds and increasing company revenue [2][7]. Cash Management Amount - The cash management involves purchasing a principal-protected floating income product for 39 million yuan [2][7]. Fund Source - The company has raised a net amount of 841.63 million yuan after deducting issuance costs from its initial public offering, with a dedicated account established for managing these funds [2][3]. Investment Details - The product purchased is a principal-protected floating income product with an expected annual yield ranging from 0.65% to 2.20%, with a term of 94 days [5][7]. Risk Control Measures - The company will implement strict internal controls, including selecting reputable financial institutions for investment, maintaining detailed records of purchased products, and allowing independent directors and the supervisory board to oversee fund usage [6][8]. Financial Impact - The investment of 39 million yuan represents 6.18% of the company's cash balance as of June 30, 2025, ensuring that the cash management does not disrupt the normal operation of investment projects [9].

Group 1 - The company approved the use of idle raised funds for cash management, with a limit of RMB 230 million, to purchase safe and liquid financial products with a maturity of no more than 12 months [2] - The company has already invested RMB 80 million in structured deposits with China Construction Bank, Zhejiang Branch [2] - The investment yielded a return of RMB 119,300, which aligns with the expected returns [3] Group 2 - The cash management products include structured deposits and large certificates of deposit, ensuring capital preservation [2] - The funds can be rolled over within the specified limit and timeframe, with the chairman authorized to finalize agreements [2] - The principal and returns from the financial products have been returned to the raised funds account [3]

Core Viewpoint - The company has announced the use of idle raised funds for cash management, specifically investing in structured deposits with a total amount of 80 million RMB, aiming to enhance the efficiency of fund utilization and increase returns for the company and its shareholders [1][2][8]. Summary by Relevant Sections Investment Overview - The purpose of the investment is to improve the efficiency of raised funds and ensure that the investment does not affect the construction and use of the raised funds, while also increasing returns for the company and shareholders [2][9]. - The total amount for cash management is set at 80 million RMB, with a maximum limit of 230 million RMB for temporary idle funds [1][2]. - The funds are sourced from a specific stock issuance approved by the China Securities Regulatory Commission, raising a total of 267.61 million RMB, with a net amount of 261.42 million RMB after deducting issuance costs [2][3]. Investment Details - The investment will be made in structured deposits from China Construction Bank, with a principal amount of 40 million RMB and a term of 32 days, expected to yield a floating return [5][8]. - The expected annualized return ranges from 0.65% to 2.4%, depending on market conditions [5][7]. Approval and Compliance - The investment plan was approved during the 18th meeting of the fourth board of directors and the 16th meeting of the supervisory board on July 7, 2025, and does not require further shareholder approval [1][8][10]. - The company will manage the cash management products in compliance with relevant regulations and ensure that the funds are returned to the special account for raised funds upon maturity [8][10]. Impact on Operations - The use of idle funds for cash management is not expected to affect the company's daily operations or the normal progress of investment projects, and it aims to enhance the returns on cash assets [9][10]. - The company will adhere to the "New Financial Instruments Standards" in handling the cash management products, which may impact various financial statement items [9][10]. Monitoring and Risk Management - The company will maintain close contact with financial institutions to monitor the operation of cash management funds and strengthen risk control [10]. - The supervisory board and the sponsor institution have confirmed that the decision-making and approval processes are legal and compliant, ensuring no harm to the interests of the company and its shareholders [10][11].

Core Viewpoint - The company is utilizing idle raised funds for cash management by investing in principal-protected floating income products, aiming to enhance returns while ensuring that it does not affect the normal operations and investment projects of the company [2][4][11]. Group 1: Cash Management Details - The company has approved the use of up to 43,000.00 million RMB of idle raised funds for cash management, with a rolling usage period of 12 months from the board's approval date [2][9]. - The company redeemed principal of 42,400 million RMB from previously purchased floating income products, yielding a profit of 1,589,128.78 RMB [3][4]. - The cash management is primarily aimed at purchasing principal-protected floating income products amounting to 40,900.00 million RMB [5][10]. Group 2: Financial Background - The total raised funds amounted to 93,336.96 million RMB, with a net amount of 84,163.14 million RMB after deducting issuance costs [7]. - The cash management investment of 40,900.00 million RMB represents 92.38% of the company's cash balance as of September 30, 2024, which was 442,755,118.57 RMB [11]. Group 3: Risk Control Measures - The company has established internal controls to manage risks associated with cash management, including selecting reputable financial institutions and maintaining oversight by independent directors and the supervisory board [8][10]. - The company will regularly report investment status to the board and take necessary actions if adverse factors are identified [10][11].