Core Viewpoint - Hebei Zhongci Electronic Technology Co., Ltd. has approved the use of up to RMB 1.83 billion of idle raised funds for cash management, focusing on safe, liquid, and principal-protected bank deposits with a maximum investment period of 12 months [1][8]. Group 1: Cash Management Implementation - The company has signed agreements with Bank of China to purchase RMB structured deposits amounting to RMB 52 million and RMB 48 million, respectively [2][22]. - The structured deposits are principal-protected with floating returns, starting on January 23, 2026, and maturing on April 21, 2026, and starting on January 26, 2026, and maturing on April 23, 2026 [3][22]. - The company ensures that the use of idle funds does not affect the construction of fundraising projects and normal operations, aiming to enhance fund efficiency and generate investment returns for shareholders [2][14]. Group 2: Financial Overview - As of the announcement date, the company has not redeemed RMB 1.4 billion of idle raised funds for cash management, with RMB 640 million from the company and RMB 760 million from its wholly-owned subsidiary, Beijing Guolian Wanzhong Semiconductor Technology Co., Ltd. [5][18]. - The company has also reported the redemption of RMB 145 million from its subsidiary, with total investment returns of RMB 175,100 [9][18]. Group 3: Risk Management - The company acknowledges that while the investments are low-risk, they are still subject to market fluctuations influenced by macroeconomic conditions [4][15]. - The company will adhere to prudent investment principles, avoiding high-risk securities and ensuring that funds are monitored and managed effectively [4][17].

Core Viewpoint - Hebei Zhongci Electronic Technology Co., Ltd. has approved the use of up to RMB 1.83 billion of idle raised funds for cash management, specifically for purchasing safe and liquid principal-protected structured deposits issued by banks, with a maximum investment period of 12 months [1][2]. Group 1: Cash Management Approval - The company’s board approved the cash management proposal at the annual shareholders' meeting held on May 15, 2025 [1]. - The funds will be used to purchase principal-protected structured deposits with high safety and liquidity [1]. Group 2: Redemption of Financial Products - The company has successfully redeemed structured deposit products worth RMB 70 million and RMB 80 million from the Bank of China, with the interest start date being June 3, 2025 [2]. - The redeemed funds have been deposited into the special account for raised funds [2]. Group 3: Historical Cash Management Activities - Over the past twelve months, the company has engaged in cash management activities involving various structured deposit products, with specific details on amounts and investment returns provided in a table format [2][3]. - The structured deposits include various types, such as principal-protected and low-return products, with different maturity dates ranging from early 2024 to early 2025 [3][4].