Core Viewpoint - The company is utilizing part of its idle raised funds for cash management to enhance fund efficiency and shareholder returns while ensuring the safety of the funds and not affecting ongoing projects [2][4][13]. Group 1: Cash Management Overview - The total amount for cash management is RMB 29.9 million [5]. - The company has approved the use of up to RMB 40 million of temporarily idle raised funds for investments in high-security, liquid, and capital-preserving financial products or deposits [2][10]. - The investment period is valid for 12 months from the board meeting approval date, with individual product terms not exceeding 12 months [2][10]. Group 2: Fund Source and Usage - The cash management funds are sourced from temporarily idle raised funds, which were originally raised through a public offering totaling RMB 53.78 million, with a net amount of RMB 47.80 million after expenses [6][7]. - The company has a structured approach to ensure that the cash management does not interfere with the normal use of raised funds and ongoing investment projects [13][14]. Group 3: Risk Management and Compliance - The company will adhere to strict investment principles and regulations to manage risks associated with cash management, including market, volatility, and liquidity risks [11][12]. - Regular reporting to the board and compliance with relevant regulations will be maintained to ensure transparency and accountability in fund usage [12][14]. Group 4: Recent Developments - Previous cash management investments totaling RMB 30 million matured on January 13, 2026, yielding a return of RMB 88.11 thousand [15].

Core Viewpoint - The company announced the redemption of specific financial instruments, indicating effective cash management and a focus on maintaining operational stability [1] Group 1: Financial Transactions - The company redeemed the Guotai Junan Securities customized 2025 Phase 21 income certificate and the Guotai Junan Securities Ruibo Series Yao Rui 25284 income certificate on January 13, 2026 [1] - The total principal amount redeemed was RMB 300 million, with an actual financial return of RMB 881,100 [1] - The principal and returns have been returned to the fundraising account, demonstrating prudent financial management [1] Group 2: Impact on Operations - The use of idle fundraising funds for cash management will not affect the progress of fundraising investment projects [1] - The company's normal production and operations remain unaffected by this financial maneuver [1]