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]

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]