Core Viewpoint - The company has approved the use of temporarily idle raised funds and self-owned funds for cash management, with a total amount not exceeding 1.8 billion RMB, to invest in low-risk financial products [2][5][14]. Summary by Sections Fundraising Overview - The company raised a total of 717.41 million RMB from its IPO, with a net amount of 632.57 million RMB after deducting issuance costs [2][3]. - The company also raised 782.59 million RMB through a major asset restructuring, with a net amount of 772.20 million RMB after costs [4]. Cash Management Plan - The company plans to use up to 900 million RMB of temporarily idle raised funds (including 200 million RMB from the IPO and 700 million RMB from restructuring) and up to 900 million RMB of self-owned funds for cash management, totaling a maximum of 1.8 billion RMB [2][5]. - The investment period for these funds is valid for 12 months from the date of approval by the shareholders' meeting [5][15]. Investment Objectives and Types - The objective of the cash management is to improve fund utilization efficiency while ensuring the safety of the funds needed for daily operations and investment projects [5][14]. - The investment targets include low-risk financial products such as time deposits, structured deposits, and bank wealth management products, with a maturity not exceeding 12 months [6][14]. Approval Process - The board of directors and the supervisory board have approved the cash management plan, which will be submitted to the shareholders' meeting for final approval [15][16]. - The management team is authorized to make specific investment decisions within the approved limits and timeframe [8][15]. Opinions from Supervisory and Advisory Bodies - The supervisory board and the sponsor institution have expressed their agreement with the cash management plan, stating it will not affect the normal use of raised funds or the company's operations [16][17][18].