Core Viewpoint - Youyou Food Co., Ltd. has announced the use of its own funds for entrusted wealth management, with a total amount not exceeding RMB 120 million, aimed at improving fund utilization efficiency and increasing returns for the company and its shareholders [2][3][10] Summary by Sections Investment Overview - The purpose of the investment is to enhance fund utilization efficiency and increase returns while ensuring daily operational funding needs and controlling investment risks [3] - The total amount for entrusted wealth management is capped at RMB 120 million, with a usage period of 12 months from the approval date by the annual shareholders' meeting [4] - The company has already invested RMB 11 million, leaving a balance of RMB 99 million available for further investment [4] Source of Funds - The funds for this entrusted wealth management come from the company's own capital [5] Investment Method - The purchased wealth management products have terms of 362 days, 364 days, and 361 days [6] Previous Wealth Management Redemption - The company previously invested RMB 12 million in wealth management products from Guotou Securities Co., Ltd. and China International Capital Corporation, redeeming the principal and receiving a return of RMB 103.67 thousand on November 19, 2025 [8] Risk Analysis and Control Measures - The finance department will analyze and track the investment products, maintaining a ledger for daily management and ensuring financial accounting is accurate [8] - The audit department will oversee the use and custody of entrusted funds [8] - Independent directors and the audit committee have the authority to supervise and check the entrusted wealth management situation [8] Impact on the Company - The investment in low-risk, high-liquidity wealth management products is expected to generate returns without significantly impacting the company's daily operations, financial status, or cash flow [10]

Core Viewpoint - The company has announced the use of idle raised funds for cash management, aiming to improve the efficiency and returns of the raised funds while ensuring that it does not affect the construction of fundraising projects and normal business operations [2][3]. Group 1: Investment Overview - Investment Purpose: The company aims to enhance the efficiency and returns of idle raised funds, seeking to provide certain investment returns for the company and its shareholders without impacting the construction of fundraising projects [3]. - Investment Amount: The company will use a total of no more than RMB 10 million for cash management, with a specific investment amount of RMB 2 million. The remaining balance for cash management is RMB 9 million as of the announcement date [4]. - Source of Funds: The funds for cash management are derived from the company's raised funds [5]. Group 2: Approval Process - The company held meetings on March 19, 2025, to approve the cash management proposal, followed by a shareholder meeting on April 9, 2025, where the proposal was formally approved [7]. Group 3: Risk Analysis and Control Measures - Risk Analysis: The cash management involves purchasing floating income financial products with capital protection agreements, but it is subject to market volatility and macroeconomic risks [7][21]. - Control Measures: The finance department will analyze and track the investment products, while the audit department will oversee the use and custody of the cash management funds [8][9]. Group 4: Impact on the Company - The company intends to use part of the idle raised funds to purchase liquid, safe, and low-risk financial products, aiming to achieve certain investment returns and improve overall performance without significantly impacting its main business or financial status [11][21].