Group 1 - The company, Xingyun Co., announced the use of temporarily idle raised funds amounting to 75 million yuan to purchase principal-protected floating income structured deposits from China Construction Bank and China CITIC Bank [2] - The investment period for these deposits ranges from 21 days to 94 days, with an expected annualized return of 0.65% to 1.92% [2] - As of the announcement date, the cash management balance that has not been redeemed is 390 million yuan, which does not exceed the authorized limit of 550 million yuan [2]

Trading Information - As of January 27, 2026, Qibin Group (601636) closed at 6.94 yuan, up 0.14%, with a turnover rate of 1.48%, trading volume of 437,100 shares, and a transaction amount of 302 million yuan [1] - On January 27, the net outflow of main funds was 9.67 million yuan, accounting for 3.2% of the total transaction amount; net inflow of retail funds was 22.87 million yuan, accounting for 7.57% of the total transaction amount; net outflow of individual investors was 13.20 million yuan, accounting for 4.37% of the total transaction amount [1][4] Company Announcements - On January 27, 2026, Qibin Group's sixth board of directors held a meeting and approved the proposal to continue conducting futures hedging business, with a maximum contract value not exceeding 500 million yuan and a maximum margin and premium of 57 million yuan [1][2][4] - The company will continue to engage in futures hedging to lock in raw material procurement costs and inventory selling prices, mitigating risks from price fluctuations of soda ash, silver, tin, and platinum [1][2] Financial Management - Qibin Group has utilized idle self-owned funds for entrusted wealth management, with an investment amount of 1.18 billion yuan across 12 bank wealth management products, with terms ranging from 25 to 52 days [2] - As of January 27, 2026, the total entrusted wealth management amount in the last twelve months was 9.048 billion yuan, with 7.868 billion yuan recovered, leaving an outstanding principal balance of 1.18 billion yuan [2] Hedging Management System - Qibin Group has established a hedging management system, focusing on avoiding risks from price fluctuations of raw materials and finished products, specifically for soda ash, silver, tin, platinum, and glass [3] - The system prohibits speculative trading, mandates the use of self-owned funds, and requires board or shareholder approval for hedging activities [3]

Core Viewpoint - The company is utilizing part of its idle funds to purchase structured deposits to enhance capital efficiency and increase cash asset returns [1][4]. Group 1: Approval Process - The company obtained authorization from its shareholders during the 2018 annual general meeting to conduct entrusted financial management, with a maximum limit of RMB 60 billion for entrusted financial management, and a cumulative limit of RMB 400 billion over 12 months [2]. Group 2: Relationship with Counterparty - The counterparty for the structured deposit products is a commercial bank, and there are no ownership, asset, or personnel relationships between the company and the bank [3]. Group 3: Investment Details - The company purchased structured deposits amounting to RMB 2.5 billion on January 19, 2026, using idle self-owned funds [5]. Group 4: Risk Management - The structured deposits are classified as principal-protected floating return products, with a low-risk assessment indicating that principal safety is assured, although returns may fluctuate due to market conditions. The finance department will monitor the product's performance and take necessary actions to mitigate risks [3]. Group 5: Impact on the Company - The investment in structured deposits is expected to generate returns, reduce financial costs, and improve capital utilization without affecting the company's main business operations. The total balance of structured deposits held by the company is RMB 2.5 billion, which is within the approved limit of RMB 60 billion [4][6].

Core Viewpoint - The company is utilizing idle funds to purchase structured deposits, aiming to enhance capital efficiency and increase cash asset returns [2][7]. Group 1: Approval Process - The company obtained authorization from the 2018 annual general meeting to conduct entrusted financial management, with a maximum limit of RMB 60 billion for entrusted financial management, and a cumulative limit of RMB 400 billion within 12 months [3]. Group 2: Relationship with Counterparty - The counterparty for the structured deposit products is a commercial bank, with no ownership, asset, or personnel relationships between the company and the bank [4]. Group 3: Contract Details - On January 19, 2026, the company purchased structured deposits amounting to RMB 2.5 billion [5]. Group 4: Investment Risk Analysis - The structured deposits are principal-protected with floating returns, assessed to have low risk, ensuring principal safety, although returns may fluctuate with market conditions [6]. Group 5: Impact on the Company - The investment in structured deposits is expected to generate returns, reduce financial costs, and improve capital utilization without affecting the company's main business operations [7][9].

Core Viewpoint - The company, Deyea Co., Ltd., announced the temporary investment of 300 million yuan of idle raised funds into three principal-protected floating income structured deposits from China Bank and China Merchants Bank, with a maturity of 90-91 days and an expected annual yield ranging from 0.5% to 2.25% [1] Group 1 - The company is utilizing 300 million yuan of temporarily idle raised funds for investment purposes [1] - The structured deposits are offered by China Bank and China Merchants Bank [1] - The investment has a maturity period of 90-91 days [1] Group 2 - The expected annual yield for the structured deposits is between 0.5% and 2.25% [1]

Group 1 - The core stock price of Leksin Medical (300562) closed at 13.93 yuan on January 7, 2026, down by 1.42% with a turnover rate of 3.6% and a trading volume of 58,300 shares, amounting to a transaction value of 81.63 million yuan [1][2] - On January 7, the net outflow of main funds was 1.12 million yuan, while the net inflow of speculative funds was 3.60 million yuan, and the net outflow of retail funds was 2.48 million yuan [2] Group 2 - Leksin Medical announced the use of idle raised funds totaling 129 million yuan to purchase principal-protected floating income structured deposits, which are linked to the AUD/USD exchange rate, with a term until April 15, 2026, and an expected annual yield of 0.50% to 1.80% [1][2] - The company has completed the necessary approval procedures from the board of directors, supervisory board, and shareholders' meeting for this investment, ensuring that the use of raised funds remains unaffected [1] - The company has implemented multiple measures to control investment risks, including tracking project progress, internal audit supervision, and information disclosure [1]

Group 1 - The company announced the redemption of a principal-protected floating income structured deposit with China Construction Bank, using idle raised funds amounting to 31 million yuan, which yielded a return of 100,522 yuan [2] - As of the announcement date, the company has not recovered a principal amount of 945 million yuan from cash management activities using raised funds over the last twelve months [2]

Group 1 - The company announced the redemption of 130 million yuan of idle raised funds from cash management products, yielding a return of 552,500 yuan [1] - The principal and earnings from the redemption have been returned to the raised funds account [1] - The company will invest an additional 85 million yuan of idle raised funds into capital-protected floating income structured deposits, which will not affect the progress of investment projects or normal production operations [1]

Group 1 - The company has signed guarantee contracts with China Everbright Bank and Hubei Bank to support its wholly-owned subsidiaries' financing needs, with a total guarantee amount not exceeding RMB 1.05 billion [1][4][5] - The company plans to apply for a comprehensive credit limit of up to RMB 4 billion for the year 2025, which was approved at the 2024 annual shareholders' meeting [1][2][6] - The guarantees are intended to enhance the subsidiaries' financing capabilities and are within the limits approved by the shareholders [5][6][7] Group 2 - The company has utilized idle raised funds for cash management, specifically investing RMB 550 million in principal-protected floating income structured deposits [9][11] - The company has redeemed the structured deposits, recovering the principal of RMB 550 million and earning a profit of RMB 2.5861 million [11][12] - The company aims to improve the efficiency of fund usage and increase returns for shareholders while ensuring that the investment does not affect the normal operation of fundraising projects [12][19] Group 3 - The company has established risk control measures for its investment in financial products, ensuring that they are high in safety and liquidity, and meet the principal protection requirements [16][18] - The company’s financial management department is responsible for implementing the investment strategy, with oversight from the audit department and independent directors [18][19] - The investment in short-term financial products is expected to enhance the company's asset return rate and align with the interests of all shareholders [19]

Core Viewpoint - The company has approved the use of up to RMB 60 million of temporarily idle raised funds for cash management, focusing on high-safety, high-liquidity, and low-risk financial products to enhance fund utilization efficiency and increase interest income [2][3]. Cash Management Purpose - The purpose of cash management is to improve the efficiency of raised funds and increase interest income while ensuring the safety of funds and the needs of investment projects [2]. Fund Source - The funds used for cash management are entirely from temporarily idle raised funds [2]. Cash Management Details - The total amount for cash management is RMB 50 million, ensuring that it does not affect the safety of raised funds or the normal operation of the company's main business [3]. Risk Control Measures - The company will analyze and monitor the financial products regularly, report any adverse factors to the board, and take necessary protective measures [6] - A cash management product management system has been established to regulate daily management and risk control [6] - The internal audit department will conduct quarterly checks on financial products and report to the board's audit committee [6] Product Characteristics - The financial products purchased are principal-protected floating income structured deposits, which are low-risk and meet the company's internal fund management requirements [7].