Core Viewpoint - Zhejiang Zhongxin Environmental Technology Group Co., Ltd. has announced the redemption of a financial product purchased with idle raised funds, returning both principal and earnings to the fundraising account [3]. Group 1: Use of Idle Funds - The company approved the use of up to 300 million yuan of temporarily idle raised funds for cash management, allowing for the purchase of safe and liquid financial products [2]. - The financial products include structured deposits, time deposits, and large transferable certificates of deposit, with a validity period of 12 months from the board's approval date [2]. Group 2: Redemption of Financial Products - On June 10, 2025, the company purchased a structured deposit product worth 40 million yuan through Huaxia Bank [2]. - The company has since redeemed this financial product, with both the principal and earnings returned to the fundraising account [3]. Group 3: Stock Listing and Lock-up Period - The company announced the listing of 10,368,993 shares, including 2,492,819 shares from strategic placements and 7,876,174 shares from the initial public offering, with a lock-up period of 12 months [4][5][8]. - The listing date for these shares is set for September 22, 2025 [6]. Group 4: Shareholder Commitments - Shareholders have committed to not transferring or managing their shares during the lock-up period, which lasts for 12 months from the IPO date [10][12]. - Any violation of these commitments will require public explanation and an apology to other shareholders, with any proceeds from such actions reverting to the company [11].