Core Viewpoint - The company is utilizing part of its idle raised funds for cash management to enhance fund efficiency and shareholder returns while ensuring that it does not affect the construction of investment projects and normal operations [3][12]. Cash Management Overview - Purpose: The cash management aims to improve the efficiency of idle funds, reduce financial costs, and increase shareholder returns [3]. - Amount: The cash management amount is set at 60 million yuan [2][4]. - Source of Funds: The funds are derived from idle raised funds, with a remaining balance of 210 million yuan as of the announcement date [5]. Cash Management Method - The cash management involves investing in structured deposits from Ningbo Bank, which are low-risk and have good liquidity [5][9]. - The investment period for the structured deposit is 63 days, with the principal and returns to be returned to the designated account after maturity [7]. Approval Process - The cash management proposal was approved during the board and supervisory meetings held on April 18, 2025, and was subsequently ratified by the annual general meeting [2][9]. - The company is authorized to use up to 300 million yuan of idle raised funds for cash management within a 12-month period from the approval date [6][9]. Impact on the Company - The cash management will not affect the construction of investment projects or the use of raised funds, ensuring compliance with regulations and safeguarding shareholder interests [12][13]. - By engaging in cash management, the company aims to enhance fund utilization efficiency and generate additional returns for shareholders [13].

Core Viewpoint - The company is utilizing idle funds from its public offering of convertible bonds for cash management, aiming to enhance fund efficiency and shareholder returns while ensuring that it does not affect ongoing projects or operations [3][14]. Group 1: Cash Management Overview - Purpose of cash management is to improve the efficiency of idle funds, reduce financial costs, and increase shareholder returns while ensuring that it does not impact the construction of investment projects and normal operations [3]. - The cash management amounts to RMB 55 million and RMB 80 million [2]. - The source of funds for cash management is from idle funds raised through the public offering of convertible bonds in 2022 [4]. Group 2: Fundraising Details - The company issued 6,730,000 convertible bonds at a face value of RMB 100 each, raising a total of RMB 673 million, with a net amount of RMB 663.64 million after deducting fees [5]. - The funds were received on April 7, 2022, and have been stored in a dedicated account with regulatory agreements in place [5]. Group 3: Cash Management Products - The cash management investments are in low-risk structured deposits from Ningbo Bank and Guangfa Bank, with returns belonging to the company [7]. - The investment products have a maturity of 31 days and 62 days, with funds returned to the dedicated account upon maturity [9]. Group 4: Approval Process - The cash management proposal was approved during the board and supervisory meetings held on April 18, 2025, allowing the use of up to RMB 300 million of idle funds for cash management within a 12-month period [8][10]. Group 5: Impact on the Company - The use of idle funds for cash management is designed to ensure that it does not affect the construction of investment projects and is aligned with the interests of the company and its shareholders [14][15].

Core Viewpoint - The company has approved the use of idle funds to purchase principal-protected financial products, ensuring that normal operations are not affected and risks are effectively controlled [1]. Group 1: Financial Product Purchases - The company plans to use up to RMB 400 million of idle funds for purchasing principal-protected financial products, with a maximum of RMB 100 million allocated to Nanjing Port Longtan Container Co., Ltd [1]. - The investment period for each financial product will not exceed 12 months, and funds can be rolled over within the approved limit [1]. - Recently, the company redeemed two financial products, each with a principal of RMB 50 million, generating interest of RMB 295,890.41 [2]. Group 2: Details of Financial Products - The company has invested in a structured deposit product from Hangzhou Bank with a term of 180 days and expected annualized returns of 1.10%, 2.40%, or 2.60% [3][5]. - Another investment was made in a structured deposit product from Industrial Bank with a term of 91 days and expected annualized returns of 1.30% to 2.55% [3][6]. Group 3: Impact on Company Operations - The investment strategy aims to enhance the efficiency of fund utilization and generate returns for shareholders without impacting the company's core business operations [4][8].