Core Viewpoint - Fujian Xingyun Electronics Co., Ltd. has approved the use of idle raised funds for cash management, allowing up to RMB 550 million to be invested in principal-protected financial products or deposit-type products for a maximum period of 12 months [1][2]. Group 1: Fund Management - The company has redeemed cash management products purchased with idle raised funds, with a total redemption of RMB 70 million and a financial gain of RMB 52,198.63 [2][3]. - The cash management products included large-denomination time deposits from China Construction Bank and other financial institutions, with interest rates around 0.90% [2][3]. - As of the announcement date, the company has not exceeded the authorized limit for purchasing financial products, with RMB 420 million still in cash management that has not yet been redeemed [3]. Group 2: Account Management - Due to the redemption of cash management products, the company has had its specialized settlement accounts for raised funds automatically canceled by the bank [2][3]. - The cancellation of accounts was a result of the full return of principal and earnings to the raised funds special account [2][3]. Group 3: Regulatory Compliance - The company ensures that the information disclosed is true, accurate, and complete, with no false records or misleading statements [1]. - The decisions regarding the use of idle funds were made during the fourth board meeting and the annual shareholders' meeting [1].