Core Viewpoint - The company, Zhejiang Jinhai High-tech Co., Ltd., is utilizing idle raised funds for cash management through low-risk structured deposits to enhance fund efficiency and generate returns for shareholders [2][3]. Group 1: Investment Overview - The company has invested a total of RMB 60 million in structured deposits, with RMB 30 million from the company and RMB 30 million from its wholly-owned subsidiary, Zhuhai Jinhai Environmental Technology Co., Ltd. [4] - The funds used for this investment are sourced from idle raised funds from a non-public stock issuance [5]. Group 2: Investment Purpose - The investment aims to improve the efficiency of fund utilization without affecting the construction of fundraising projects, thereby increasing returns and safeguarding shareholder interests [3]. Group 3: Redemption and Returns - The company redeemed RMB 15 million from a previous structured deposit, earning a return of RMB 60,900, which met expectations [3]. Group 4: Approval Process - The investment was approved by the company's board and supervisory committee, ensuring compliance with regulations and maintaining the integrity of fundraising project timelines [7]. Group 5: Financial Impact - The investment in low-risk, liquid, and capital-protected products is expected to enhance the company's overall performance and provide additional returns for shareholders [9].

Group 1 - The company, Jinhai High-Tech (603311), announced the use of idle raised funds amounting to 60 million yuan to purchase a structured deposit product from Ningbo Bank [1] - The structured deposit product has a term of 50 days and an expected annualized yield ranging from 0.75% to 2.20% [1] - As of the date of the announcement, the total balance of the products that have not yet matured is 110 million yuan [1]