Core Viewpoint - The company has approved the use of idle raised funds for cash management, with a total limit of up to RMB 50 million, to enhance the efficiency of fund utilization while ensuring that the original purpose of the raised funds remains unchanged [2][9]. Summary by Sections Cash Management Implementation Overview - The purpose of cash management is to improve the efficiency of the use of raised funds without altering their intended use or affecting the normal operation of investment projects [3]. - The amount allocated for cash management is RMB 10 million [3]. - The source of funds for this cash management is the temporarily idle raised funds from the public issuance of convertible bonds in 2022, which totaled RMB 200 million [4][5]. Investment Details - The investment type is large-denomination time deposits, with an investment amount of RMB 10 million [6]. - The company has established a special account for the management of raised funds and signed tripartite supervision agreements with relevant parties to ensure compliance with regulations [7]. Review Procedures - The board of directors and the supervisory board approved the cash management proposal unanimously on July 25, 2024, with no votes against or abstentions [9]. - This decision does not require submission to the shareholders' meeting and does not involve related party transactions [10]. Risk Control Measures - The company will strictly adhere to the board's resolution and ensure that the investment products do not change the intended use of the raised funds [12]. - A thorough pre-review of financial institutions and their products will be conducted to ensure safety and compliance [13]. - The audit department will oversee the use of funds and purchased products, with independent directors and the supervisory board having the right to supervise and inspect fund usage [13]. Impact on Company Operations - As of March 31, 2025, the company's cash management amount represents 1.95% of its cash holdings, 0.52% of its net assets, and 0.28% of its total assets [14]. - The cash management will not affect the construction of projects funded by raised capital or the normal operation of the company's main business, aiming to enhance fund efficiency and provide better returns for shareholders [14]. Supervisory and Sponsor Opinions - The supervisory board agrees that the cash management proposal complies with relevant regulations and does not harm the interests of shareholders, particularly minority shareholders [14]. - The sponsor, Guotai Junan Securities, confirms that the proposal has followed necessary procedures and will not affect the normal operation of the company or its projects [14][15].

Core Viewpoint - The company, Hangzhou Fulai Ant Technology Co., Ltd., has announced the use of part of its idle raised funds for cash management, with a maximum amount of RMB 86 million allocated for low-risk investment products to enhance fund utilization efficiency and generate financial returns for the company and its shareholders [2][13]. Summary by Sections Cash Management Overview - The purpose of cash management is to improve fund utilization efficiency and generate financial returns for the company and its shareholders [3]. - The investment amount for this cash management initiative is RMB 55 million [4]. - The funds used for purchasing financial products are sourced from the company's idle raised funds [4]. Fundraising Background - The company has issued a total of 33.34 million shares at a price of RMB 32.21 per share, raising a total of RMB 1,073.88 million, with a net amount of RMB 974.05 million after deducting issuance costs [5]. Investment Method - The investment type includes large-denomination time deposits, with an investment amount of RMB 55 million [6]. Approval Process - The company held board and supervisory meetings on April 25, 2025, and a shareholder meeting on May 21, 2025, to approve the cash management proposal, allowing the use of idle raised funds for low-risk investment products [8]. Risk Analysis and Control Measures - The company acknowledges that while the investment products are of high safety and liquidity, they are still subject to market fluctuations [9]. - Risk control measures include strict adherence to prudent investment principles, careful selection of issuers, and ongoing monitoring of investment performance [10]. Previous Cash Management - The company has successfully redeemed previous cash management products, indicating a track record of managing idle funds effectively [12]. Impact on the Company - The cash management initiative will not affect the normal operation of the company's fundraising projects or its main business activities [13]. Sponsor's Opinion - The sponsor has expressed no objections to the cash management initiative, confirming that it complies with relevant laws and regulations and will not alter the intended use of raised funds [13].

Core Viewpoint - Zhejiang Huatong Meat Products Co., Ltd. has approved the use of idle fundraising funds for cash management, allowing up to RMB 400 million to be invested in high-security, liquid financial products for a period not exceeding 12 months [1][2]. Group 1: Cash Management Details - The company has decided to use part of the idle fundraising funds for cash management, with a maximum amount of RMB 400 million [1][2]. - The cash management products will be purchased within the approved limits and will not affect the company's normal operations [3][4]. - The investment products will have a maximum duration of 12 months and can be rolled over within the approved limits [2][3]. Group 2: Approval Process - The decision was made during the 21st meeting of the 5th Board of Directors and the 17th meeting of the 5th Supervisory Board on May 30, 2025 [1][2]. - The independent directors and the sponsor institution have expressed their agreement with the decision [2]. Group 3: Impact on the Company - The use of idle funds for cash management is expected to enhance the efficiency of fund utilization and generate additional returns for the company and its shareholders [4]. - The company has not engaged in cash management with idle funds in the past twelve months, except for the current instance [4].

Core Viewpoint - The company has approved the use of up to RMB 150 million of idle raised funds for cash management, ensuring that it does not affect the progress of investment projects and effectively controls risks [1][2]. Group 1: Cash Management Approval - The company held its 22nd meeting of the 3rd Board of Directors and the 20th meeting of the 3rd Supervisory Board on August 15, 2024, where it approved the cash management proposal [1]. - The cash management period is valid for 12 months from the date of approval, allowing for rolling use within the specified limit [1]. Group 2: Investment Products - The company plans to invest in structured deposits and other financial products, with a total subscription amount not exceeding RMB 150 million [1]. - Specific products include structured deposits from Suzhou Bank and CITIC Bank, with expected annualized returns to be determined [1][2]. Group 3: Impact on Daily Operations - The use of idle funds for cash management is based on principles of standardized operations, risk prevention, and cautious investment, ensuring that it does not affect the company's daily operations or the normal progress of investment projects [2]. - This approach aims to improve fund utilization efficiency and generate investment returns for the company and its shareholders [2]. Group 4: Previous Cash Management Activities - In the past 12 months, the company has utilized idle raised funds for cash management, with a cumulative balance of RMB 100 million, which is within the authorized cash management limit [3].

Core Viewpoint - Nanjing Pharmaceutical Co., Ltd. has approved the use of up to 700 million yuan of temporarily idle raised funds for cash management, focusing on low-risk, high-liquidity principal-protected financial products [1] Group 1: Cash Management Implementation - The company and its subsidiaries have utilized 142 million yuan to purchase a structured deposit product from Ping An Bank, which is 100% principal-protected and linked to exchange rates, with a 14-day cycle [2] - As of March 19, 2025, the company redeemed part of the financial product, recovering 2 million yuan in principal and earning 0.066 million yuan in interest, which has been returned to the dedicated fundraising account [2] - On April 21, 2025, the company redeemed another portion, recovering 3 million yuan in principal and earning 0.69808 million yuan in interest, also returned to the dedicated fundraising account [3] Group 2: Total Redemption and Earnings - By May 20, 2025, the company redeemed a total of 58 million yuan in principal from the financial products, with total earnings amounting to 1.49874 million yuan [3] - The company has a total cash management limit of 700 million yuan, with 584 million yuan already utilized and 116 million yuan remaining [5] - The highest single-day investment amount in the last 12 months was 700 million yuan, representing 10.24% of the audited net assets for the past year [5]