Core Viewpoint - Chengdu Rainbow Electric (Group) Co., Ltd. plans to utilize part of its idle raised funds for cash management to improve capital efficiency and increase shareholder returns [1][2]. Summary by Relevant Sections Fundraising and Utilization - In 2020, the company raised a total of 484.97 million yuan by issuing 20.3 million A-shares at a price of 23.89 yuan per share, with a net amount of 416.06 million yuan after deducting issuance costs [1]. - The raised funds are allocated to two projects: 321.11 million yuan for flexible electric heating product industrialization and 94.95 million yuan for marketing network and information system enhancement [1]. - As of June 30, 2025, the company has utilized 88.08 million yuan of the raised funds, generating a net income of 33.64 million yuan from cash management, leaving a balance of 361.62 million yuan [1]. Cash Management Plan - The new cash management plan allows for the use of up to 300 million yuan of idle raised funds, effective for 12 months from the board's approval date, with funds being able to be rolled over [2]. - The investment products will include low-risk, high-liquidity principal-protected financial products such as structured deposits, bank wealth management products, large certificates of deposit, and income-generating certificates from financial institutions [2]. - The chairman or authorized management will have decision-making authority within the approved limits, with the finance department responsible for implementation [2]. Compliance and Risk Management - The company asserts that this cash management initiative will not affect the construction of the fundraising investment projects or normal operations, aiming to enhance fund efficiency and shareholder returns [2]. - The sponsor institution has verified that the cash management plan has been approved by the board, complies with regulations, and does not alter the intended use of the raised funds, ensuring no detriment to the company or shareholders [2].