Core Viewpoint - The company, Shandong Hongchuang Aluminum Industry Holdings Co., Ltd., is continuing to utilize idle raised funds for cash management to enhance the efficiency of fund usage and create greater returns for the company and its shareholders [1][6][7]. Fundraising Basic Situation - The company raised a total of approximately RMB 800 million by issuing 209,973,753 shares at a price of RMB 3.81 per share, with a net amount of approximately RMB 786.2 million after deducting issuance costs [1][2]. Fund Usage and Idle Reasons - As of August 12, 2025, the company has used approximately RMB 235.9 million of the raised funds, leaving a balance of approximately RMB 574.4 million in the special account [2]. - The company decided to temporarily suspend the implementation of a project related to the annual production of 100,000 tons of high-precision aluminum deep processing to improve fund usage efficiency [2]. Previous Cash Management - The company previously approved the use of up to RMB 400 million of idle raised funds for cash management, with a usage period of 12 months from the board's approval [3][4]. Current Cash Management Situation - The company plans to use up to RMB 400 million of idle raised funds for cash management, with the same 12-month usage period, ensuring that the funds will be returned to the special account after maturity [4][5]. - The investment will focus on low-risk, high-liquidity fixed-income or guaranteed principal investment products [4]. Approval Process and Opinions - Both the board and the supervisory board have unanimously approved the proposal to continue using idle raised funds for cash management, confirming that it will not affect the normal implementation of fundraising projects or change the purpose of the funds [6][7].

Core Viewpoint - Zhejiang Yinlun Machinery Co., Ltd. plans to utilize a maximum of RMB 438 million of temporarily idle raised funds for cash management to enhance fund utilization efficiency and increase investment returns [1][2][3]. Fundraising Overview - The company raised a total of RMB 720.81 million through a non-public offering of 80,001,664 shares at RMB 9.01 per share, with a net amount of RMB 705.94 million after deducting fees [1]. - The company also raised RMB 688.65 million through a public offering of convertible bonds, with the net amount verified by an accounting firm [2]. Reasons for Idle Funds - The company is progressing with its fundraising project investments but has some idle funds due to the construction timeline of these projects [2][3]. Cash Management Plan - The company intends to use up to RMB 438 million of idle funds, with a maximum of RMB 127 million from the non-public offering and RMB 311 million from the convertible bonds [3]. - The investment period will not exceed 12 months, and the funds can be rolled over within this timeframe [3]. - Investment products will be low-risk, ensuring the safety of the principal, including options like time deposits and structured deposits [3]. Risk Control Measures - The company will select reputable financial institutions for cash management and will implement strict oversight and risk assessment procedures [4][5]. - The internal audit department will supervise the cash management activities, ensuring compliance and timely reporting [5]. Impact on Operations - The cash management activities will not adversely affect the company's main business or the progress of fundraising project investments, while also providing additional investment returns [5][6]. Supervisory Opinions - The supervisory board supports the cash management plan, stating it will enhance fund efficiency and comply with relevant regulations [5][6].