Core Points - The company, Ningbo Helit Technology Co., Ltd., is utilizing part of its temporarily idle raised funds for cash management to enhance fund efficiency and increase returns for shareholders [1][2][8] - The total amount raised through a specific stock issuance was approximately RMB 596.94 million, with a net amount of RMB 586.09 million after deducting related expenses [2][3] - The company has approved a maximum of RMB 40 million for cash management, which will be invested in low-risk, short-term financial products [4][9] Summary by Sections Cash Management Redemption - The company is redeeming cash management products that were previously purchased with idle funds [1] - The redemption amount and product details are specified, indicating a structured approach to fund management [2] Purpose of Cash Management - The objective is to improve the efficiency of fund usage without affecting the construction of fundraising projects or normal operations [2][8] - The funds are sourced from temporarily idle raised funds from a specific stock issuance [2][3] Financial Details - The company issued 47,040,000 shares at a price of RMB 12.69 per share, raising a total of RMB 596.94 million [2] - After deducting expenses, the net amount available for use is RMB 586.09 million [2][3] Investment Strategy - The company plans to invest in safe, high-liquidity financial products with a maximum investment period of 12 months [4][9] - The investment will be managed by a reputable financial institution, specifically the Industrial and Commercial Bank of China [7][9] Board and Supervisory Approval - The board and supervisory committee have approved the cash management plan, ensuring it does not conflict with the fundraising project implementation [9][10] - The decision was made during meetings held on March 31, 2025, and is valid for 12 months [9] Previous Fund Management - In the past 12 months, the company has utilized a total of RMB 129.8 million in entrusted financial management, with a reported return of RMB 667.45 thousand [10][12] - The company has a remaining unused financial management quota of RMB 6 million out of a total of RMB 40 million [12]

Core Viewpoint - The company has successfully redeemed its investment in a financial product using temporarily idle raised funds, ensuring the safety and implementation of its fundraising projects [1] Group 1: Financial Management - The company approved the use of up to 60 million yuan of temporarily idle raised funds for cash management, ensuring it does not affect the implementation of fundraising projects [1] - The redeemed financial products have returned both principal and earnings to the respective fundraising accounts [1] Group 2: Redemption Details - The company redeemed two structured deposit products from Bank of China, with the first product amounting to 11 million yuan and yielding 72,900 yuan in earnings, and the second product amounting to 9 million yuan with earnings of 16,800 yuan [1] - The expected annualized return rates for the products were between 0.85% and 3.10% [1]

Core Viewpoint - Ningbo Lian Technology Co., Ltd. has approved the use of up to 180 million yuan of temporarily idle raised funds for cash management, with a validity period of 12 months from the board's approval date [1]. Cash Management Product Redemption - The company has redeemed part of its cash management products due to funding needs, specifically early redemption of agreement deposits [1]. - The annualized yield for the cash management products ranges from 0.45% to 1.05% [1]. Cash Management Fund Usage - In the past twelve months, the company has utilized idle raised funds for cash management, with specific products and their respective annualized yields detailed [2][3]. - The company has engaged in various structured deposits with different banks, including China Bank and China Merchants Bank, with amounts and yields specified [2][3][4]. Structured Deposit Details - The structured deposits include products with principal protection and varying yields, such as 1.1% or 2.3% for certain products, and 0.84% or 2.39% for others [3][4]. - The company has also engaged in fixed-rate large deposits with yields around 0.90% [4].