Core Viewpoint - The company plans to utilize part of its idle raised funds for cash management by investing in financial products, specifically a total of RMB 30 million in a wealth management product from Guotai Haitong Securities, with a focus on maximizing shareholder returns and ensuring liquidity [1][2][4]. Group 1: Financial Management - The company has approved the use of idle raised funds for cash management, allowing a maximum daily balance of RMB 60 million to be utilized within a twelve-month period [1][2]. - The wealth management product chosen is the Guotai Haitong Securities Ruibo Series Yao Rui 25162, with a term of less than one year and an expected annualized return of 1.70%-1.90% [4][6]. - The company has previously invested RMB 40 million in a wealth management product, which has matured, and the principal along with returns has been successfully redeemed [2][9]. Group 2: Financial Data and Impact - As of December 31, 2024, the company's total assets were RMB 522,031.88 million, with total liabilities of RMB 334,024.69 million, and net assets attributable to shareholders of RMB 188,007.19 million [6][7]. - The investment of RMB 30 million in wealth management products represents 4.23% of the company's cash holdings as of the latest reporting period, indicating a manageable impact on liquidity [7][9]. - The company aims to enhance the efficiency of fund utilization and increase asset returns while ensuring that normal operations and project constructions are not affected [2][6]. Group 3: Risk Management and Compliance - The company has established strict internal controls to manage investment risks, ensuring that investments are made in high-security, liquid financial products [5][6]. - The board of directors has authorized the chairman to make decisions within the approved limits, and the supervisory board has the right to oversee the use of funds [5][8]. - The company has committed to adhering to relevant laws and regulations regarding information disclosure and has established a complete accounting system for managing investment products [5][6].