Core Viewpoint - The company has approved a cash management plan to utilize temporarily idle raised funds and self-owned funds, aiming to invest in high-security and high-liquidity products [1]. Group 1: Cash Management Approval - The company's board of directors approved a proposal to manage temporarily idle raised funds not exceeding 500 million yuan and self-owned funds not exceeding 100 million yuan [1]. - The supervisory board and the sponsor institution have expressed their agreement with the cash management plan [1]. Group 2: Cash Management Progress - There are no overdue products purchased with temporarily idle raised funds, and as of the announcement date, the balance of products purchased with raised funds is 270 million yuan [1].

Core Viewpoint - The company plans to utilize idle self-owned funds not exceeding 400 million yuan for cash management to enhance the efficiency and returns of its own funds [1] Investment Details - Investment Amount: Up to 400 million yuan, with funds available for rolling use within the limit [1] - Source of Funds: Temporarily idle self-owned funds [1] - Type of Investment: High safety, good liquidity, and low-risk financial products [1] - Investment Period: Valid for 12 months from the date of approval by the board meeting on August 28, 2025 [1][2] Approval Process - The company held its second board meeting on August 28, 2025, where the proposal for cash management using self-owned funds was approved, and it does not require submission to the shareholders' meeting [2] Risk Analysis and Control - Despite the focus on high safety and low-risk products, the company acknowledges potential market volatility, interest rate changes, liquidity issues, policy shifts, information transmission, and force majeure risks that could affect returns [3] - Risk control measures include strict adherence to prudent investment principles, tracking investment progress, and allowing independent directors and the audit committee to supervise fund usage [3] Impact on the Company - The company asserts that using part of its idle self-owned funds for cash management will not affect daily cash flow or core business development, and it aims to improve fund efficiency, generate investment returns, and reduce financial costs [4] - The purchased financial products will be processed according to relevant accounting standards, potentially impacting certain items in the balance sheet and income statement, subject to the annual audit results [4]

Core Viewpoint - The company has approved the use of idle raised funds for cash management, allowing for investment in safe and liquid financial products, with a maximum limit of RMB 1.1 billion [2]. Group 1: Cash Management Approval - The company held its fifth board meeting on April 15, 2025, where it approved the proposal to use up to RMB 110 million of temporarily idle raised funds for cash management [2]. - The funds will be primarily used to purchase high-security, liquid, and capital-preserving deposits or financial products, with individual investment products having a maximum term of 12 months [2]. - The decision is valid for 12 months from the date of board approval, allowing the company to roll over the investment amount within the specified limit and timeframe [2]. Group 2: Redemption Status - As of the date of the announcement, the company has not yet reached the maturity of RMB 1 billion in idle raised funds used for cash management [2].

Group 1 - The company announced the approval of a proposal to continue using temporarily idle raised funds for cash management, with a maximum amount of up to RMB 160 million [2] - The investment will be directed towards purchasing safe, liquid investment products with capital protection agreements, with a term not exceeding 12 months [2] - The decision was made during the 14th meeting of the third board of directors and the 10th meeting of the third supervisory board held on August 18, 2025 [2]

Core Viewpoint - Kangpeng Technology announced the approval of a proposal to use part of its idle raised funds for cash management, with a limit of up to RMB 650 million, ensuring that it does not affect the construction and use of the raised funds [2] Group 1 - The third meeting of the third board of directors will be held on August 15, 2025, to review the cash management proposal [2] - The company plans to invest in high-security, high-liquidity investment products with capital protection agreements [2] - The investment period for the cash management is set for 12 months from the date of board approval [2]

Core Viewpoint - The company has approved the use of temporarily idle raised funds for cash management, with a limit of up to RMB 450 million, to enhance fund utilization efficiency and maximize shareholder returns [1][5][6] Summary by Sections 1. Basic Situation of Raised Funds - The company raised a total of RMB 1,077.6 million from the public offering of 20 million shares, with a net amount of RMB 979.04 million after deducting issuance costs [1][2] 2. Usage of Raised Funds - As of June 30, 2025, the company has reported on the usage of raised funds, which can be found in the semi-annual report disclosed on the Shanghai Stock Exchange [2] 3. Cash Management of Idle Funds - The company plans to use temporarily idle raised funds for cash management, ensuring it does not affect the normal implementation of investment projects and fund safety [3][4] - The investment will be limited to high-security, high-liquidity products with capital protection, and the total amount for cash management will not exceed RMB 450 million within a 12-month period [3][4] 4. Decision-Making and Disclosure - The board of directors has authorized the chairman to make investment decisions within the approved limits, and the finance department will be responsible for implementation [3][5] - The company will comply with information disclosure obligations as per the regulations of the Shanghai Stock Exchange [4] 5. Cash Management Returns - The returns from cash management will be used primarily to supplement any shortfall in investment amounts for projects and for the company's operational liquidity needs [4][5] 6. Compliance and Approval - The cash management plan has been approved by the board and supervisory committee, ensuring compliance with relevant laws and regulations, and will not change the intended use of raised funds [6]

Core Viewpoint - The company intends to utilize temporarily idle raised funds for cash management, ensuring that it does not affect the progress of investment projects or the safety of funds, with a maximum amount of RMB 450 million [1][5]. Fundraising Basic Situation - The company raised a total of RMB 979,039,622.63 by issuing 20 million shares, as approved by the China Securities Regulatory Commission [1][2]. Fund Usage Situation - As of June 30, 2025, the remaining balance of the raised funds is RMB 465.32 million, including net bank deposit interest after deducting bank fees [2]. Cash Management Basic Situation - The purpose of cash management is to enhance the efficiency of fund usage and maximize shareholder returns while ensuring the normal implementation of investment projects [3]. Investment Products - The company plans to invest in high-security, liquid products with capital protection commitments, avoiding pledging or securities investment [3]. Investment Amount and Duration - The maximum amount for cash management is RMB 450 million, with a usage period not exceeding 12 months, allowing for rolling use within this limit [3]. Decision-Making and Disclosure - The board of directors has authorized the chairman to make investment decisions within the approved limits, and the company will fulfill its information disclosure obligations as per regulations [3][4]. Cash Management Income Distribution - The income from cash management will be used to supplement any shortfall in investment amounts and for the company's operational liquidity needs [4]. Risk Control Measures - The company will implement strict risk control measures, ensuring that cash management does not impact daily operations or investment projects, while also selecting reputable financial institutions for investments [4][5]. Procedures Followed - The board and supervisory committee have approved the proposal for cash management, adhering to necessary legal procedures [5]. Sponsor's Verification Opinion - The sponsor, Huatai United Securities, confirms that the cash management plan complies with relevant regulations and will enhance fund usage efficiency without altering the intended use of raised funds [5].

Group 1 - The company, Xin Hong Tai, announced the approval of a cash management plan using idle self-owned funds up to a maximum of 300 million RMB [2] - The cash management will focus on purchasing low-risk investment products that have high safety and liquidity [2] - The usage period for these funds is set for 12 months from the date of the board's approval, allowing for rolling use within the specified limit and timeframe [2]

Group 1 - The company, Baodi Mining, announced plans to use up to RMB 225 million of temporarily idle raised funds for cash management [2] - The investment will focus on high safety, good liquidity, and capital protection agreements [2] - The usage period for these funds is effective for 12 months from the date of approval by the board of directors, with the possibility of rolling use within the specified limit and timeframe [2]

Group 1 - The core point of the announcement is that the Supervisory Board of the company approved the use of idle self-owned funds for cash management, ensuring that it will not affect the company's normal operations or main business development [1][2] - The company plans to use no more than RMB 500 million (including 500 million) of idle self-owned funds for cash management, focusing on high-security and high-liquidity products issued by banks or professional financial institutions, with a maximum product term of 12 months [2] - The decision was made with a unanimous vote of 3 in favor, with no votes against or abstentions, and the proposal will be submitted for approval at the third extraordinary general meeting of shareholders in 2025 [2]