Investment Overview - The company plans to use idle raised funds for cash management to reduce idle costs and enhance the value of the funds, ensuring the safety of the raised funds [2][5] - The investment amount for this cash management is 40 million yuan [2][5] - The source of funds is from the company's initial public offering, which raised a total of 519.92 million yuan, with a net amount of 412.11 million yuan after deducting related expenses [2][5] Investment Details - The cash management product is a low-risk principal-protected structured deposit with a 3-month investment period and floating returns [4][5] - The company has no related party transactions with the trustee, ensuring that the cash management does not constitute related party transactions [5] - The board of directors approved the use of up to 150 million yuan of idle raised funds for cash management, focusing on high safety and liquidity products [5][6] Risk Management - The company will select high-safety, liquid principal-protected products and establish a management ledger for the cash management products [6] - The independent directors and supervisory board have the right to supervise and inspect the use of funds [6] Impact on the Company - The cash management will not affect the normal construction of the fundraising projects or the normal use of the raised funds [6] - This initiative is expected to improve the efficiency of fund utilization and increase returns for the company and its shareholders [6]