Core Viewpoint - Shenzhen Oat Technology Co., Ltd. announced a board meeting to confirm the use of temporarily idle raised funds for cash management, increasing the cash management limit [1] Fundraising Situation - The company raised a total of 705.9216 million RMB from its initial public offering in 2020, with a net amount of 626.12038245 million RMB after deducting issuance costs [2] Previous Cash Management Situation - In April 2025, the company was authorized to use up to 30 million RMB of temporarily idle funds for cash management, but the actual usage exceeded this limit, reaching a maximum balance of 56.5 million RMB [3] - The company plans to increase the cash management limit from 30 million RMB to 60 million RMB while maintaining the same authorization period [3] Impact on Company Operations - The increase in cash management limits does not negatively impact the company's daily operations or the progress of investment projects, and it aims to enhance fund utilization efficiency [4] - The board and sponsor institution confirmed that the increase aligns with regulations and benefits all shareholders by potentially increasing company returns [4]