Core Viewpoint - The company intends to utilize part of its idle raised funds for cash management to enhance fund efficiency and generate additional returns for the company and its shareholders [3][6][7] Fundraising Basic Information - The company raised a total of RMB 594,316,296.72 through a non-public offering of 48,555,253 shares at a price of RMB 12.24 per share, with a net amount of RMB 583,228,278.12 after deducting issuance costs [1][4] Fund Usage Status - As of June 30, 2025, the cumulative usage of the raised funds includes: - Total issuance costs: RMB 2,206,184.21 - Total used for working capital and bank loan repayment: RMB 337,794,401.57 - Remaining balance of raised funds: RMB 26,459,993.44 [2][4] Cash Management Plan - The maximum amount for cash management using idle raised funds is set at RMB 80 million, with investments in low-risk, high-liquidity financial products [4][5] - The cash management aims to improve fund efficiency without affecting the ongoing projects funded by the raised capital [3][6] Risk Control Measures - The company has established internal risk assessment procedures and will monitor the performance of cash management products to mitigate potential risks [5][6] Approval Process - The board of directors has approved the use of idle raised funds for cash management, ensuring compliance with relevant regulations and internal policies [6][7]