Core Points - The company announced the redemption of a structured deposit worth 10 million yuan from Industrial Bank [1] - The decision was made during the board and supervisory meetings held on December 11, 2024, allowing the use of idle raised funds for cash management [1] - The company plans to use up to 1.7 billion yuan from public convertible bonds and 17 billion yuan from private stock issuance for cash management in safe and liquid financial products [1] Redemption Details - On May 28, 2025, the company purchased a large deposit of 10 million yuan using idle funds from a private stock issuance [2] - The deposit matured on October 19, 2025, yielding an interest income of 130,200 yuan, which was returned to the fundraising account on October 20, 2025 [2] Fund Management Overview - The company has been actively managing idle raised funds over the past twelve months, focusing on high-security and liquid financial products [3]