Core Viewpoint - The company has approved the use of up to RMB 480 million of temporarily idle raised funds for cash management to enhance the efficiency of fund utilization while ensuring the normal operation of investment projects [1] Group 1: Cash Management Overview - The company signed a contract with Shanghai Pudong Development Bank for a structured deposit product, investing RMB 50 million in a specific structured deposit product [1] - As of the announcement date, the balance of temporarily idle raised funds for cash management is RMB 400 million, which is within the approved limit [1] Group 2: Investment Risk Analysis and Control - The structured deposit product purchased is a principal-protected floating return product, ensuring 100% safety of the principal and guaranteed returns [2] - Potential investment risks include policy risk, market risk, delayed payment risk, liquidity risk, reinvestment risk, fundraising failure risk, information transmission risk, and force majeure risks [2] - The company has established several risk control measures, including timely analysis and tracking of cash management products, internal audits, and supervision by independent directors and the supervisory board [3] Group 3: Impact on Daily Operations - The cash management of temporarily idle raised funds does not constitute a related party transaction and will not affect the normal implementation of investment projects, thereby enhancing fund utilization efficiency and providing returns for the company and its shareholders [5]