Core Viewpoint - Tongkun Group Co., Ltd. has announced the use of idle self-owned funds for government bond repurchase transactions, aiming to enhance fund utilization efficiency and increase operational income without affecting normal business operations [1]. Summary by Relevant Sections Stock Performance - As of October 29, 2025, Tongkun's stock closed at 14.8 yuan, up 2.49% from the previous trading day, with a total market capitalization of 35.591 billion yuan. The stock opened at 14.36 yuan, reached a high of 14.98 yuan, and a low of 14.24 yuan, with a trading volume of 327 million yuan and a turnover rate of 0.93% [1]. Announcement Details - The company held its 20th meeting of the 9th Board of Directors on October 28, 2025, where it approved the proposal to use up to 1 billion yuan of idle self-owned funds for government bond repurchase transactions. The transactions will be conducted on the Shanghai and Shenzhen Stock Exchanges for terms ranging from 1 to 182 days, with any point in time not exceeding the total amount [1]. - The validity period for this proposal is from the date of board approval until October 28, 2026. The bond repurchase transactions will be secured by government bonds, which are considered low-risk and will have minimal impact on the company's main business, financial status, operating results, and cash flow [1]. Management and Monitoring - The Board of Directors has authorized the chairman to decide on specific transaction plans and sign relevant documents within the approved limit. The financial management department will strictly monitor the transaction status [1]. - As of the date of the proposal review, the company had a government bond repurchase balance of 0 yuan, with no accumulated income for the year [1].