Core Viewpoint - Shenzhen Lianyu Optoelectronics Co., Ltd. plans to utilize up to RMB 30 million of idle funds for cash management, focusing on low-risk investment products to enhance fund efficiency and ensure normal operations [1][2][3][4] Trading Information Summary - As of October 20, 2025, Lianyu shares closed at RMB 51.83, down 1.13%, with a turnover rate of 5.02% and a trading volume of 12,100 shares, amounting to RMB 62.84 million [1] - On the same day, the net outflow of main funds was RMB 2.70 million, while retail funds saw a net inflow of RMB 3.28 million [1][3] Company Announcement Summary - The second board meeting of Lianyu on October 20, 2025, approved the use of idle raised funds for cash management, allowing for a maximum of RMB 30 million to be invested in high-safety, liquid, principal-protected products within 12 months [2][4] - The board also approved the use of up to RMB 30 million of idle self-owned funds for cash management, focusing on medium to low-risk financial products such as structured deposits and time deposits [2][4] - The board's decisions received unanimous approval, with no dissenting votes, and were supported by independent directors and sponsors [2][4] Financial Management Insights - The net amount of raised funds for Lianyu is approximately RMB 670 million, with a balance of RMB 294.57 million in the raised funds account as of September 30, 2025 [3] - The planned cash management for idle funds is designed to not affect the normal operation of fundraising projects and has been confirmed as compliant with regulations [3][4]

Core Viewpoint - The company has approved a plan to utilize up to 300 million yuan of idle self-owned funds for cash management, aiming to enhance fund efficiency while ensuring daily operations and fund safety [1][2]. Group 1: Cash Management Details - The company will use a maximum of 300 million yuan of idle self-owned funds for cash management, effective for 12 months from the board's approval date [1]. - The investment types include but are not limited to structured deposits, time deposits, and large certificates of deposit from banks or other financial institutions, focusing on high safety and liquidity [1]. - The management team is authorized to sign relevant legal documents, with the finance department responsible for the specific operations [1]. Group 2: Impact on the Company - This cash management initiative will not affect the normal operations of the company and its subsidiaries, and it is beneficial for improving fund efficiency, aligning with the interests of the company and all shareholders [2]. - The company will adhere to accounting standards as required by the Ministry of Finance for financial reporting [2]. Group 3: Risk Analysis and Control - Although the company will choose low to medium-risk products, market fluctuations may still impact investments due to macroeconomic factors [2]. - The company will implement strict decision-making, management, and supervision processes according to relevant laws and regulations, ensuring high liquidity and safety in product selection [2]. - An independent board will supervise and audit the process, with the option to hire professional institutions for auditing if necessary [2].