Core Viewpoint - The company plans to utilize temporarily idle raised funds for cash management, aiming to enhance fund efficiency and generate additional value for shareholders while ensuring that the normal operation of fundraising projects is not affected [2][4][13]. Group 1: Cash Management Overview - Cash management entrusted parties include Founder Securities Co., Ltd. and China Merchants Bank Co., Ltd. [2] - The total amount for cash management products is 100 million RMB, which includes principal-protected income certificates, floating income certificates, and structured deposits [2][4]. - The company has opened dedicated settlement accounts for cash management at Founder Securities and China Merchants Bank [3]. Group 2: Purpose and Amount of Cash Management - The purpose of cash management is to maximize shareholder interests by improving the efficiency of idle raised funds and reducing financial costs [4]. - The amount of idle raised funds to be used for cash management is 100 million RMB [4]. Group 3: Fund Source and Basic Situation - The source of funds is part of the idle raised funds from a non-public offering completed on November 23, 2022, which raised a total of approximately 1.045 billion RMB [6]. - The net amount raised after deducting issuance costs is approximately 1.033 billion RMB [6]. Group 4: Investment Products and Risk Management - The investment products for cash management are low-risk, including principal-protected income certificates and structured deposits, ensuring high safety and liquidity [7][10]. - The company has conducted strict pre-investment risk assessments and has established internal control measures to manage investment risks [10][11]. Group 5: Approval Process and Opinions - The cash management plan was approved during the 6th meeting of the 11th Board of Directors and the 5th meeting of the 11th Supervisory Board on January 15, 2025 [9]. - The Supervisory Board and the sponsor institution have expressed their support for the cash management plan, stating it aligns with regulatory requirements and benefits shareholders [13][14].