Core Viewpoint - The company has approved the use of idle raised funds for cash management, with a maximum amount of RMB 500 million, ensuring the safety of the raised funds and the normal progress of investment plans [1] Group 1: Cash Management Approval - The company's board and supervisory board have approved the proposal for cash management using idle raised funds [1] - The maximum amount allocated for cash management is set at RMB 500 million, which includes the principal [1] - The sponsor, Shen Gang Securities Co., Ltd., has issued a non-objection opinion on this matter, and it does not require shareholder meeting approval [1] Group 2: Redemption of Cash Management Products - Recently, the company redeemed cash management products that were purchased using idle raised funds, with both principal and returns being returned to the special account for raised funds [1] - Specific details of the redeemed products, including the subscription amounts and expected annual returns, are documented in the announcement [1] Group 3: Current Status of Cash Management - As of the date of the announcement, the company has utilized idle raised funds for cash management, with details on subscription amounts and expected returns provided [1]