Core Viewpoint - The company is utilizing part of its idle funds for low-risk financial management to enhance the efficiency of fund usage and reduce financial costs [2][3][31]. Summary by Sections 1. Overview of Entrusted Financial Management - The purpose of the entrusted financial management is to improve the efficiency of idle funds while ensuring the liquidity needed for normal operations [3]. - The total investment amount for this financial management is 220 million RMB [4]. - The source of funds for this financial management is the company's idle self-owned funds [5]. 2. Financial Management Product Details - The financial management products include structured deposits from banks, which are low-risk and have high liquidity [28]. - The expected annualized return rates for the products range from 1.30% to 2.60% [9][18][24]. 3. Risk Control Measures - The company has established internal controls for managing risks associated with the entrusted financial management, including regular monitoring and analysis of the investment products [7][29]. - The board of directors has authorized the management to make investment decisions within the approved limits, ensuring that the investments do not affect the company's liquidity [29]. 4. Impact on the Company - As of the announcement date, the balance of idle funds used for entrusted financial management is 240 million RMB, accounting for 18.51% of the company's latest audited net assets [31]. - The financial management is expected to enhance fund utilization efficiency and generate investment returns without affecting the company's daily operations [31]. 5. Decision-Making Process - The board of directors and the supervisory board have both approved the proposal for using idle funds for entrusted financial management, emphasizing its benefits for the company's overall performance and shareholder returns [33][34].