Core Viewpoint - The company, Zhongzhong Technology (Tianjin) Co., Ltd., has announced the redemption of a structured deposit product, utilizing part of its idle raised funds for cash management, ensuring the safety and liquidity of investments [1][2]. Group 1: Redemption Details - The redeemed product is a structured deposit from Guangfa Bank, specifically the "Xinjiaxin 16" W version, linked to the Euro to US Dollar exchange rate [1][2]. - The total redemption amount is 136 million yuan, which has been returned to the raised funds account as of July 8, 2025 [2][3]. Group 2: Cash Management Plan - The company plans to use up to 900 million yuan of idle raised funds for cash management, focusing on high-security and liquid investment products [2][4]. - The investment period for this cash management plan is valid for 12 months from the date of board approval, with the possibility of rolling use within the specified limits [2][4]. Group 3: Financial Performance - In the last 12 months, the company has invested a total of 3.2076943 billion yuan in cash management, with actual recoveries amounting to 2.4696605 billion yuan and earnings of 26.5259 million yuan [3][4]. - The highest single-day investment in the last 12 months reached 998.6625 million yuan, representing 33.11% of the company's net assets at the end of 2024 [4].