Core Viewpoint - Company plans to use up to RMB 400 million of idle raised funds for cash management to improve fund utilization efficiency while ensuring that it does not affect the normal use of raised funds for investment projects [1][12][14] Summary by Sections 1. Basic Situation of Raised Funds - Company issued 14,920,680 convertible bonds at a price of RMB 100 each, raising a total of RMB 149,206.80 million, with a net amount of RMB 148,066.32 million after expenses [1][2] - As of August 28, 2025, a total of RMB 58,648.21 million has been invested in projects, with idle funds and interest income totaling RMB 90,464.80 million stored in a dedicated account [2] 2. Reasons for Idle Funds - The company is progressing with investment projects according to the plan, but due to the construction cycle, there are temporarily idle funds [2][12] 3. Cash Management Plan - The company intends to use idle funds for cash management to enhance efficiency without impacting project progress [3][4] - Investment products will be low-risk, high liquidity, and with a term not exceeding 12 months [5][6] 4. Investment Limits and Duration - The cash management will utilize up to RMB 400 million for a period of 12 months from the board's approval date, with any transaction amount not exceeding this limit [6][13] 5. Implementation Method - The board authorizes the chairman or designated personnel to make decisions related to cash management within the approved limits [7][13] 6. Information Disclosure - The company will disclose cash management details in accordance with relevant regulations [8] 7. Distribution of Cash Management Earnings - Earnings from cash management will be managed according to regulatory requirements [9] 8. Impact on Daily Operations - The cash management plan will not affect the normal operation of the company or the use of raised funds for investment projects, and it aims to improve fund efficiency and returns for shareholders [12][14]

Core Viewpoint - The company plans to utilize idle self-owned funds for wealth management, with a maximum investment amount of 1.5 billion yuan, aiming to enhance the efficiency of fund usage and generate returns while ensuring liquidity and safety [1][2]. Investment Overview - The investment purpose is to purchase low-risk, high-safety, and high-liquidity financial products to achieve certain returns while ensuring normal operations and funding needs [2]. - The investment amount is capped at 1.5 billion yuan, with a period from August 27, 2025, to August 26, 2026, allowing for rolling use within this timeframe. Individual financial products will have a maximum investment period of 12 months, while large transferable certificates of deposit will not exceed 3 years [2]. - The source of funds for the wealth management is idle self-owned funds [2]. - The investment method involves authorizing the chairman and authorized personnel to make decisions and sign contracts within the investment period and limits, with the finance center responsible for implementation and management [2]. Review Procedures - The wealth management proposal has been approved by the company's 22nd meeting of the 5th Board of Directors and the 9th meeting of the 5th Supervisory Board [3]. Investment Risk Analysis and Control Measures - The company acknowledges potential risks such as market risk, liquidity risk, and credit risk, despite the low-risk nature of the planned financial products [3]. - Risk control measures include selecting appropriate financial products based on duration and yield, with the finance center head reviewing and submitting for approval by the chairman or authorized representative [3][4]. Impact on the Company - The use of idle self-owned funds for wealth management is expected to improve fund efficiency and generate investment returns, ultimately benefiting shareholders [4]. - The company will adhere to relevant accounting standards for the recognition and measurement of wealth management principal and interest income, reflecting these in the balance sheet and income statement [4].

Fundraising Overview - The company raised a total of RMB 71,327.04 million from the issuance of 23.34 million shares at a price of RMB 30.56 per share, with a net amount of RMB 63,994.55 million after deducting issuance costs of RMB 7,332.49 million [1][2] - As of June 30, 2025, the remaining balance of unused raised funds is RMB 12,935.19 million, which includes RMB 235.19 million in the fundraising account and RMB 12,700.00 million in time deposits and financial products [2][3] Fund Management - The company has established a fundraising management system in compliance with relevant laws and regulations to ensure the effective management and use of raised funds, including the establishment of dedicated bank accounts for fundraising [2][3] - The company signed tripartite and quadripartite supervision agreements with its subsidiaries and the sponsoring institution to clarify the rights and obligations of all parties involved [2][3] Fund Usage - The company has not used idle raised funds to temporarily supplement working capital during the reporting period [4][5] - The company has approved the use of up to RMB 16,000 million of idle raised funds for cash management, ensuring that it does not affect the normal progress of fundraising investment plans [5][6] - As of June 30, 2025, the company has invested RMB 12,700.00 million in various financial products, including transferable large-denomination certificates of deposit and structured deposits [5][6] Project Investment - The company has not made any early investments or replacements for fundraising investment projects during the reporting period [7] - The company has approved the use of part of the raised funds for new projects, including the development of a tumor companion diagnostic technology platform and a digital pathology and intelligent application development project, with an estimated investment of RMB 6,350.00 million [5][6] Remaining Funds - The company has a remaining balance of RMB 10,732.55 million in excess raised funds, which is not applicable for permanent working capital supplementation or loan repayment [6][7]

Core Viewpoint - The company intends to extend the use of idle raised funds for cash management, ensuring compliance with regulations while maximizing shareholder interests [1][2][5] Fundraising Overview - The total amount raised from the non-public issuance of A-shares was 12.782 billion RMB, with a net amount of 12.776 billion RMB after deducting issuance costs, allocated for the introduction of 31 aircraft and repayment of loans [1] - As of March 31, 2025, 12.594 billion RMB of the non-public issuance funds has been utilized, generating interest and cash management income of 457 million RMB, leaving 639 million RMB in idle funds [2] - The public issuance of convertible bonds raised 16 billion RMB, with a net amount of 15.980 billion RMB after costs, used for aircraft purchases and working capital [2] - By March 31, 2025, 15.509 billion RMB of the convertible bond funds has been utilized, generating 710 million RMB in income, with 1.181 billion RMB remaining [2] Extension of Cash Management - The company plans to extend the cash management of idle funds from the non-public issuance of A-shares up to 700 million RMB and from the public issuance of convertible bonds up to 1.2 billion RMB [3][5] - The extension period for the non-public issuance funds is from June 23, 2025, to June 22, 2026, and for the public issuance funds from October 23, 2025, to October 22, 2026 [3] Cash Management Products - The cash management will involve low-risk products such as seven-day notice deposits and transferable large-denomination certificates of deposit, tailored to match the usage plan of the raised funds [4] Implementation and Disclosure - The board of directors has authorized the company to manage the idle funds within the specified limits and will ensure timely disclosure of cash management activities as per regulatory requirements [4][5] Impact on the Company - The cash management of idle funds is expected to enhance the efficiency of fund usage and increase returns for the company and its shareholders, without affecting the normal operation of fundraising investment projects [4][6]

Core Viewpoint - The company has announced an extension of the cash management plan for idle raised funds from its non-public issuance of A-shares and public issuance of convertible bonds, allowing for a maximum of RMB 17 billion and RMB 19 billion respectively for cash management [1][2][4] Summary by Sections 1. Basic Situation of Raised Funds - The total amount raised from the non-public issuance of A-shares is RMB 12.782 billion, with a net amount of RMB 12.776 billion after deducting issuance costs, used for introducing 31 aircraft and repaying company loans [2][3] - As of March 31, 2025, RMB 12.594 billion has been invested from the non-public issuance, generating RMB 0.457 billion in interest and cash management income, leaving a remaining amount of RMB 0.639 billion [3] - The total amount raised from the public issuance of convertible bonds is RMB 16 billion, with a net amount of RMB 15.980 billion after costs, used for aircraft purchases and working capital [3] - As of March 31, 2025, RMB 15.509 billion has been invested from the public issuance, generating RMB 0.710 billion in interest and cash management income, leaving a remaining amount of RMB 1.181 billion [3] 2. Specifics of Cash Management Extension - The maximum amount for cash management from the non-public issuance is set at RMB 7 billion, while for the public issuance, it is RMB 12 billion, with a rolling management approach [4][5] - The extension period for cash management is 12 months from the end of the previous authorization, specifically from June 23, 2025, to June 22, 2026, for non-public issuance and from October 23, 2025, to October 22, 2026, for public issuance [4][5] - The cash management products will include seven-day notice deposits and transferable large-denomination certificates of deposit [4] 3. Impact on the Company - The cash management of idle raised funds is conducted in compliance with national laws and regulations, ensuring no impact on the normal investment progress of raised funds [5][6] - This approach aims to enhance the efficiency of fund utilization and increase returns for the company and its shareholders [5][6] 4. Risk Control Measures - Strict management of raised funds will be implemented, ensuring that only idle funds are used for cash management and that no non-raised funds are mixed [6] - Continuous monitoring of deposit products will be conducted to ensure liquidity and safety of funds [6] - The sponsor institution will supervise the use of funds and the board and supervisory board have the right to inspect the fund usage [6]