Core Viewpoint - The company is utilizing idle raised funds for cash management, with a total amount not exceeding 580 million RMB, ensuring the safety and liquidity of investments while maintaining the normal implementation of fundraising projects [2][9]. Summary by Sections Previous Cash Management - The company previously redeemed cash management products, recovering a total principal of 112 million RMB with respective earnings of 129,100 RMB, 292,600 RMB, and 616,400 RMB, and annualized returns of 2.17%, 1.20%, and 2.50% [4][3]. Current Cash Management Overview - The purpose of cash management is to enhance the efficiency of idle raised funds, with a current cash management amount of 20 million RMB [5][6]. - The source of funds for this cash management is from idle raised funds from a non-public offering in 2020 [7][8]. Cash Management Details - The company plans to invest 10 million RMB each in two structured deposits at Bohai Bank [9]. Approval Process - The cash management proposal was approved during the board and supervisory meetings held on April 25, 2025, and the annual shareholders' meeting on May 16, 2025 [9]. Financial Impact - As of June 30, 2025, the company's debt-to-asset ratio was 18.85%, indicating no significant debt while engaging in cash management [11]. - The cash management principal will be recorded as "trading financial assets" on the balance sheet, with earnings reflected in the profit statement as "investment income" [11]. Recent Cash Management Activities - The company has been actively managing raised funds over the past twelve months, indicating a strategic approach to utilizing idle resources [11].