Core Viewpoint - The company has approved the use of idle funds for entrusted wealth management, allowing for an investment of up to 1.5 billion RMB to enhance the efficiency and returns of idle capital [2][8]. Investment Overview - The purpose of the investment is to utilize idle self-owned funds for entrusted wealth management while ensuring the safety of daily operations and funds, thereby increasing overall company returns [4]. - The total amount invested in entrusted wealth management from June 20, 2025, to September 18, 2025, is 258.95 million RMB, which meets the disclosure standards [5]. - The funds for this entrusted wealth management come from the company's idle self-owned funds [6]. Investment Method - The company has engaged with several financial institutions, including Hangzhou Bank Wealth Management Co., Huaneng Guicheng Trust Co., Zhongcheng Trust Co., and CITIC Securities Asset Management Co., with no related party relationships [7]. - The investment will primarily target high-security, liquid financial products such as bank wealth management products, structured deposits, large certificates of deposit, fund products, asset management plans, and trust plans [8][9]. Wealth Management Terms and Risk Control Measures - The company has established contracts with various financial institutions for different wealth management products, including trust plans and asset management plans, with specific asset allocation guidelines [10][11]. - Risk control measures include the establishment of a management system for entrusted wealth management, with clear approval processes and supervision to mitigate investment risks [12]. Impact on the Company - The entrusted wealth management products are funded by the company's own liquid funds, which will not affect the normal operation of the company's main business or its cash flow needs, while also improving fund utilization efficiency [13]. - The company's main business is in the retail sector, with cash income, allowing for flexible redemption of bank wealth management products. The investment will not significantly impact the company's financial status or cash flow [13]. Recent Wealth Management Situation - As of the announcement date, the company has recovered a total of 238.56 million RMB in principal from entrusted wealth management products and received corresponding earnings of 10.39 million RMB [15]. - As of September 18, 2025, the remaining balance of entrusted wealth management is 1,013.45 million RMB, comprising various financial products [15].