Core Viewpoint - The company has approved the use of temporarily idle raised funds, up to 30 million yuan, for cash management through safe and liquid financial products, ensuring the funds' safety and efficiency [1][6]. Group 1: Fund Management Decision - The company held its second board meeting on October 28, 2025, where it approved the use of idle raised funds for cash management [1]. - The total amount for cash management is capped at 30 million yuan, which can be used for safe financial products such as structured deposits and large certificates of deposit [1][6]. Group 2: Account Establishment - A special settlement account for cash management of raised funds has been opened, which will only be used for the settlement of temporarily idle raised funds [3]. - The account will be closed once the cash management products mature and there are no further purchase plans [3]. Group 3: Risk Control Measures - The company will implement a separation of decision-making, execution, and supervision in cash management to ensure fund safety [4]. - Strict criteria will be followed to select investment products from reputable and large issuers [4]. - The finance department will monitor product investments and take necessary actions if risks are identified [4]. Group 4: Impact on the Company - The use of idle raised funds for cash management will not affect the implementation of fundraising projects or the development of core business [6]. - This strategy is expected to enhance the efficiency of fund usage and increase overall returns for the company [6].

Core Viewpoint - The company has approved the use of idle raised funds for cash management, aiming to enhance the efficiency of fund utilization while ensuring the safety of the funds and the normal operation of investment projects [2][10]. Group 1: Cash Management Overview - The purpose of cash management is to improve the efficiency of using raised funds while ensuring the normal implementation of investment projects and the safety of the funds [4]. - The total amount for cash management is set at 32,900 million RMB [5]. - The source of funds for cash management comes from part of the idle raised funds [6]. Group 2: Fundraising Details - The company raised a total of 2,474,685,295.88 RMB through the issuance of 224,563,094 shares, with a net amount of 2,447,598,658.01 RMB after deducting issuance costs [7]. - All raised funds have been received, and an audit report confirming the receipt was issued on April 10, 2025 [7][8]. Group 3: Approval Process - The board of directors and the supervisory board approved the cash management proposal on July 21, 2025, with unanimous votes in favor [10]. - The proposal allows for a maximum of 50,300 million RMB to be used for cash management, with a validity period of 12 months from the date of approval [10]. Group 4: Investment Product Details - The cash management products to be purchased are principal-protected, high-safety, and floating-yield products, meeting the requirements for high safety and liquidity [9]. - The company assures that this cash management will not affect the normal operation of investment projects or the interests of shareholders [9][15]. Group 5: Risk Management Measures - The company has established a set of risk control measures, including separating decision-making, execution, and supervision functions, and selecting reputable investment products [12][13]. - The finance department will monitor the investment products and take necessary actions if risks are identified [12]. Group 6: Impact on the Company - The cash management initiative is expected to enhance the efficiency of fund utilization and increase returns for the company and its shareholders [15].