Core Viewpoint - The company aims to enhance the efficiency of fund utilization and reduce financial costs through entrusted wealth management while ensuring the safety of funds [5][4]. Group 1: Overview of Entrusted Wealth Management - The total amount for entrusted wealth management is 498,900 million yuan [3]. - The entrusted wealth management products include various structured deposits linked to gold and exchange rates from multiple banks [3]. - The duration for entrusted wealth management is within one year [4]. Group 2: Purpose and Source of Funds - The purpose of the entrusted wealth management is to ensure fund safety while improving fund utilization efficiency and obtaining certain investment returns [5]. - The source of funds for the entrusted wealth management is the temporarily idle self-owned funds of the company and its subsidiaries [6]. Group 3: Risk Control and Management - The company will conduct strict evaluations and selections of wealth management products, focusing on high safety, good liquidity, and low-risk principal-protected products [7]. - The company aims to avoid investment risks associated with policy changes by selecting short-term bank wealth management products [8]. Group 4: Impact on the Company - The wealth management activities are designed to improve the efficiency of idle funds without affecting the company's main business operations, thus benefiting the overall returns for the company and its shareholders [12]. - The accounting treatment for the wealth management products will be reported under "trading financial assets" according to the new financial instrument standards issued by the Ministry of Finance [12]. Group 5: Decision-Making Process - The decision to conduct wealth management was approved by the company's board of directors and the annual general meeting, emphasizing the importance of fund safety and efficiency [14]. - Independent directors believe that using temporarily idle self-owned funds for low-risk financial institution products aligns with the interests of the company and all shareholders [14].

Core Viewpoint - The company plans to invest a total of RMB 50 million in low-risk financial products, specifically structured deposits, to enhance the efficiency and yield of its idle funds while ensuring that daily operations are not affected [2][4][9]. Summary by Sections Investment Overview - The company will invest a total of RMB 50 million, with RMB 20 million in structured deposits from Industrial Bank and RMB 30 million from Shanghai Bank [2][4]. - The investment aims to utilize idle funds prudently, ensuring liquidity and safety while improving returns [4][5]. Investment Details - The structured deposit products include those from Industrial Bank and Shanghai Bank, both of which are reputable listed commercial banks in Shanghai [6][8]. - The investment periods are 98 days for Industrial Bank and 181 days for Shanghai Bank [2]. Approval Process - The investment was approved during the 25th meeting of the 10th Board of Directors on April 28, 2025, with unanimous support [2][6]. - The company is authorized to use up to RMB 180 million for low-risk financial products over the next year, with the ability to roll over funds [2][6]. Risk Management - The company will select financial institutions based on their qualifications, prioritizing large, state-owned or publicly listed banks [7]. - The management team will monitor the investment closely, with the audit department overseeing the use and custody of funds [7][9]. Impact on the Company - The investment will not interfere with the company's main business operations and is expected to enhance the efficiency of fund usage [9]. - The financial products will be recorded as trading financial assets on the balance sheet, with related gains or losses reflected in the income statement [9].

Core Viewpoint - Jiangsu Tianmuhu Tourism Co., Ltd. plans to utilize idle raised funds for cash management, with a total amount not exceeding 30 million yuan, ensuring the safety of raised funds and the normal progress of investment projects [1][2][8]. Group 1: Cash Management Overview - The company approved the use of idle raised funds for cash management in meetings held on January 10, May 15, and May 20, 2025, allowing for a total of 30 million yuan to be used within a 12-month period [1][2][7]. - The cash management products are structured deposits with a principal amount of 3.8 million yuan, purchased from Industrial Bank Co., Ltd., with a floating return and a term of 28 days [3][5][6]. Group 2: Financial Impact - As of June 30, 2025, the company's debt-to-asset ratio was 16.79%, and the cash management amount of 3.8 million yuan accounted for 7.87% of the total cash [11]. - The cash management is expected to enhance the efficiency of idle funds without affecting the construction of investment projects or changing the purpose of raised funds, aligning with the interests of the company and its shareholders [11]. Group 3: Fund Source and Usage - The funds for cash management originate from idle raised funds, which were raised through a public offering of convertible bonds totaling 300 million yuan, netting 289.73 million yuan after expenses [4]. - The company has established a three-party supervision agreement for the management of raised funds, ensuring compliance with regulations [4].

Group 1: Cash Management Announcement - The company has redeemed a total of RMB 20 million from its previous cash management activities, earning interest of RMB 127,000 [2] - The board approved the continued use of up to RMB 50 million of idle raised funds for cash management, with a usage period not exceeding 12 months [2] - As of the announcement date, the company has fully redeemed all financial products purchased with idle raised funds [3] Group 2: Share Pledge Release Announcement - The controlling shareholders, who are in concert, hold a total of 105,448,000 shares, representing 56.53% of the company's total share capital [6][7] - Each of the five controlling shareholders has released the pledge on 7 million shares, totaling 35 million shares, resulting in no pledged shares remaining [6][8] - The company will continue to monitor the pledge status of shareholders' shares and comply with disclosure obligations [8]

Core Viewpoint - The company has approved the use of idle self-owned funds for entrusted wealth management, aiming to enhance capital efficiency and generate investment returns while ensuring daily operational needs are met [2][4]. Group 1: Entrusted Wealth Management Overview - The company plans to use up to RMB 400 million of idle self-owned funds for low-risk, high-liquidity wealth management products [2]. - The wealth management products include structured deposits from Industrial Bank and Shanghai Pudong Development Bank, with various purchase amounts and terms [3][4]. - The total amount of entrusted wealth management currently stands at RMB 182 million, which is 17.4% of the company's latest audited net assets of RMB 1,042.69 million [4]. Group 2: Financial Products Details - The company has made several purchases, including: - RMB 40 million in structured deposits from Industrial Bank with a term from July 3, 2025, to July 31, 2025 [3]. - RMB 10 million in structured deposits from Shanghai Pudong Development Bank with a term from July 7, 2025, to October 9, 2025 [3]. - Additional purchases totaling RMB 20 million from both banks with varying terms and expected annualized returns between 0.7% and 2.2% [3][4]. Group 3: Impact and Risk Control Measures - The use of idle funds for wealth management is designed to improve capital efficiency without affecting the company's daily operations or main business activities [4]. - The company has established risk control measures, including timely analysis of investment products, supervision, and separation of duties among personnel involved in investment decisions [4].

Core Points - The company, Haixia Environmental Protection, announced the use of idle raised funds amounting to 15 million yuan to purchase income certificates from CITIC Securities Co., Ltd. [1] - Additionally, the company invested 30 million yuan in structured deposit products from Industrial Bank. [1] - Both investment products have matured, yielding actual returns of 31,500 yuan and 82,800 yuan, respectively, with the principal and returns returned to the fundraising account. [1]

Core Viewpoint - The company announced the redemption of a structured deposit product from Industrial Bank, resulting in a total return of RMB 603.33 million, including principal and interest, after deducting fees [1] Group 1 - The company purchased a structured deposit product from Industrial Bank on May 13, 2025 [1] - The total amount received from the redemption of the structured deposit product is RMB 603.33 million [1] - The company has RMB 1.4 billion of idle funds from a non-public stock issuance for cash management purposes [1]

Core Viewpoint - As of August 1, 2025, Aorite (605116) closed at 23.96 yuan, down 0.58%, with a turnover rate of 1.19% and a trading volume of 47,500 hands, resulting in a transaction amount of 114 million yuan [1] Trading Information Summary - On August 1, Aorite's capital flow indicated a net outflow of 5.71 million yuan from main funds, accounting for 5.0% of the total transaction amount [2][3] - Retail investors showed a net inflow of 7.87 million yuan, representing 6.88% of the total transaction amount [2] Company Announcement Summary - Aorite Pharmaceutical Co., Ltd. announced the redemption of part of its idle raised funds for cash management, allowing the use of up to 300 million yuan of idle raised funds, with a rolling usage limit valid for 12 months from the approval date of the third board meeting [2] - On June 30, 2025, the company invested 40 million yuan in a structured deposit product from Industrial Bank, which had a term from July 1 to July 31, 2025, and has since been redeemed, yielding a profit of 62,500 yuan [2][3]

Core Viewpoint - Zhongji United (605305) has shown a positive market performance with a closing price of 38.0 yuan, up 6.29% as of August 1, 2025, indicating strong investor interest and market confidence [1] Trading Information Summary - On August 1, 2025, the net inflow of main funds into Zhongji United was 66.66 million yuan, accounting for 10.74% of the total transaction amount [2][5] - Retail investors experienced a net outflow of 41.50 million yuan, representing 6.69% of the total transaction amount [2] Shareholder Changes - As of July 31, 2025, the number of shareholders in Zhongji United was 17,142, a decrease of 714 from July 20, 2025, reflecting a reduction of 4.0% [2][4] - The average number of shares held per shareholder increased from 11,900 shares to 12,400 shares, with an average market value of 443,200 yuan per shareholder [2] Company Announcements Summary - Zhongji United announced the use of idle raised funds for cash management, with a total amount of 58 million yuan entrusted to Industrial Bank for a 28-day structured deposit product [3] - The company plans to manage up to 60 million yuan of idle raised funds, allowing for cyclical use within 12 months from the approval date of the annual shareholders' meeting in 2024 [3] - As of March 31, 2025, the company's total assets were 3.37 billion yuan, total liabilities were 682.35 million yuan, and net assets attributable to shareholders were 2.69 billion yuan [3] Competitive Advantages - Zhongji United holds a leading market share in the wind power generation sector due to several competitive advantages, including strong R&D capabilities, quality control, delivery and after-sales service, and a well-established brand image [4]

Summary of Key Points Core Viewpoint - Zhongji United (605305) has shown a positive stock performance, with a closing price of 38.0 yuan as of August 1, 2025, reflecting a 1.77% increase from the previous week. The stock reached a nearly one-year high of 38.78 yuan during the week [1]. Shareholder Changes - As of July 31, 2025, the number of shareholders for Zhongji United was 17,100, a decrease of 714 from July 20, representing a reduction of 4.0%. The average number of shares held per shareholder increased from 11,900 to 12,400, with an average holding value of 443,200 yuan [1][3]. Company Announcements - Zhongji United announced the progress of cash management using idle raised funds. The entrusted party for this cash management is Industrial Bank Co., Ltd., with an amount of 58 million yuan allocated to a structured deposit product with a term of 28 days. The company previously approved the use of up to 60 million yuan of idle funds for cash management, ensuring the safety of the raised funds [1]. - The company reported that on June 30, 2025, its subsidiary redeemed a structured deposit of 60 million yuan, receiving a principal amount of 60 million yuan and earning a financial return of 93,700 yuan. The new structured deposit of 58 million yuan is expected to yield an annualized return of 1.00%-1.75% [1]. Financial Indicators - As of March 31, 2025, Zhongji United reported total assets of 3,369.89 million yuan, total liabilities of 682.35 million yuan, and net assets attributable to shareholders of 2,687.54 million yuan. The company had cash and cash equivalents amounting to 1,017.53 million yuan [1].