Core Viewpoint - Zhejiang Jinhai High-Tech Co., Ltd. is utilizing part of its idle raised funds for cash management through low-risk financial products to enhance fund efficiency and shareholder returns [2][3][4]. Group 1: Cash Management Overview - The entrusted cash management party is Ningbo Bank [2]. - The investment amount for cash management is RMB 50 million [2]. - The company has redeemed part of its financial products and continues to use idle raised funds for further investments [2][3]. Group 2: Financial Performance - The company has recovered RMB 20 million from a previous investment, earning RMB 102,200 in returns, which aligns with expectations [3]. - Zhuhai Jinhai, a wholly-owned subsidiary, has also recovered RMB 30 million with returns of RMB 153,300, meeting expectations [3]. Group 3: Purpose and Compliance - The purpose of the cash management is to improve fund utilization efficiency without affecting project construction [4]. - The funds used for investment are sourced from idle raised funds from a non-public stock issuance [4][5]. - The financial products purchased are compliant with national laws and regulations, ensuring the safety of raised funds [6]. Group 4: Risk Control and Management - The company emphasizes risk prevention and has implemented strict controls over the purchase of financial products [7]. - The financial products are characterized as low-risk, high liquidity, and capital-protected [6][7]. Group 5: Impact on Company - The use of idle raised funds for cash management is expected to enhance overall performance and provide better returns for shareholders [10]. - The company maintains a policy of ensuring that the use of funds does not affect the progress of project funding [10].