Core Viewpoint - The company is utilizing idle funds from convertible bonds for cash management to enhance financial returns while ensuring the safety and intended use of the raised funds [1][5]. Summary by Sections Cash Management Overview - The purpose of cash management is to maximize the efficiency of the raised funds and provide better financial returns for the company and its shareholders, without affecting the safety and intended use of the funds [2][5]. - The amount used for cash management is RMB 30 million, invested in a high-security, liquid, low-risk large-denomination certificate of deposit [2][3]. - The funds are sourced from the public issuance of convertible bonds, which raised a total of RMB 600 million, with a net amount of RMB 593.98 million after expenses [2][3]. Investment Details - The investment type is a large-denomination certificate of deposit, with an investment amount of RMB 30 million and a maximum holding period of 12 months [3][4]. - The company has received approval from its board and supervisory board for the cash management plan, allowing the use of up to RMB 450 million of idle funds for safe and liquid financial products [3][5]. Impact on the Company - The cash management initiative is expected to improve the company's investment returns and fund utilization efficiency without impacting its main business operations or the progress of investment projects [5][6]. - The company does not have significant debt obligations that would affect its ability to manage these funds effectively [6].