Core Viewpoint - Meidun Technology (920227) has reported a significant increase in stock price and has announced the use of idle funds for wealth management, indicating a proactive approach to asset management and potential growth opportunities [1]. Group 1: Stock Performance - As of January 27, 2026, Meidun Technology's stock closed at 81.76 yuan, up 3.99% from the previous trading day [1]. - The stock opened at 78.15 yuan, reached a high of 83.95 yuan, and a low of 78.15 yuan, with a trading volume of 2.09 billion yuan and a turnover rate of 14.58% [1]. Group 2: Wealth Management Announcement - The company disclosed a progress announcement regarding the use of idle funds for wealth management, approved by the board on December 26, 2025, and by the shareholders on January 16, 2026 [1]. - The company plans to use up to 200 million yuan of idle funds for wealth management, with an unexpired balance of 130 million yuan, representing 31.60% of the audited net assets for 2024 [1]. - New investments include 10 million yuan in structured deposits from Hangzhou Bank and 14 million yuan in reverse repos of government bonds from Guotai Junan Securities [1]. - All wealth management products are funded by the company's own capital, with reputable trustees, and do not constitute related party transactions [1]. - The company has established internal control mechanisms to mitigate wealth management risks [1].