Group 1 - The company Ningbo Lehui International Engineering Equipment Co., Ltd. announced that its subsidiary Kunming Fresh Beer Thirty Kilometer Technology Co., Ltd. has recently recovered the principal and earned 45,100 yuan from a structured deposit with China Merchants Bank, which was purchased using 16 million yuan of idle raised funds [1] - In November 2024, the company was approved to manage idle raised funds of no more than 180 million yuan for a period of 12 months [1] - As of the announcement date, the company has cumulatively invested 353 million yuan in financial management over the past 12 months, recovering 225 million yuan of principal and earning 1.8524 million yuan, with 128 million yuan of principal yet to be recovered [1]

Core Points - The company has approved the use of up to RMB 470 million of idle raised funds for cash management, with a usage period of 12 months from the board's approval date [1][13] - The company has successfully redeemed cash management products, recovering a total principal of RMB 178 million and earning a return of RMB 291,500 [3] - The cash management aims to enhance the efficiency of raised funds while ensuring it does not affect the construction of projects funded by these funds [4][11] Cash Management Overview - The cash management is intended to utilize temporarily idle raised funds to generate additional returns for the company and its shareholders [4] - The funds used for cash management are sourced from idle raised funds, which have been managed in a dedicated account [6] Investment Products - The company has invested in structured deposits from Shanghai Pudong Development Bank and China Merchants Bank, amounting to RMB 128 million and RMB 50 million respectively [3] - The cash management products are characterized by high safety and liquidity, ensuring compliance with regulations and not affecting the normal operation of fundraising projects [7] Internal Decision-Making Process - The board of directors convened on April 16, 2025, to approve the cash management proposal, which does not require shareholder meeting approval [1][13] Impact on Company - The cash management initiative is designed to ensure that daily operational funds remain unaffected while generating investment income, thereby enhancing overall company performance [11]

Group 1 - The company, Meijia Xincai, announced that it subscribed to a structured deposit from China Merchants Bank, Shanghai Branch, with an investment amount of 30 million yuan [1] - The structured deposit had a term of 61 days and was redeemed as of the announcement date [1] - The total redemption amount was 30 million yuan, with a financial return of 90,200 yuan [1]