Core Viewpoint - The company is utilizing temporarily idle raised funds for cash management to enhance fund efficiency while ensuring safety and normal operations [2][3][16]. Group 1: Cash Management Overview - The cash management amount is 230 million RMB, with the funds sourced from temporarily idle raised funds [4][5]. - The cash management products are structured deposits with a maturity of 30 days and 27 days [2]. - The company aims to increase returns for shareholders through reasonable utilization of idle funds [3][8]. Group 2: Financial Details - The company has redeemed structured deposit products amounting to 230 million RMB, recovering the principal and earning 352,900 RMB in interest [3]. - The total raised funds from the initial public offering amounted to 1,072.4 million RMB, with a net amount of 970.0546 million RMB after deducting issuance costs [6][7]. Group 3: Compliance and Governance - The cash management process has been approved by the board and supervisory committee, ensuring compliance with regulatory requirements [10][16]. - The company has established a three-party supervision agreement for raised funds to protect investor rights [7]. Group 4: Risk Management - The cash management products are categorized as low-risk, and the company has implemented measures to monitor and control investment risks [12][13]. - The company will ensure that cash management does not affect the normal operation of investment projects or harm shareholder interests [14][15].

Core Viewpoint - Zhejiang Rongtai Electric Equipment Co., Ltd. is utilizing part of its idle raised funds for cash management to enhance the efficiency of fund usage and increase returns for the company and its shareholders [1][2]. Cash Management Overview - The cash management trustee is Hangzhou Bank Co., Ltd. Jiaxing Branch [1]. - The total amount for cash management is RMB 230 million, with specific amounts of RMB 180 million and RMB 50 million [1]. - The cash management products are structured deposits named "Tianlibao," with investment periods of 30 days and 27 days [1][2]. Purpose of Cash Management - The objective is to improve the efficiency of raised fund usage while ensuring the safety of the funds and not affecting the normal investment plans and operations of the company [2][3]. Financial Details - The company has redeemed a total of RMB 230 million in structured deposit products, recovering the principal amount and achieving a profit of RMB 352,900 [2]. - The cash management investment amount for this round is RMB 230 million [3]. Fund Source - The funds used for cash management are part of the temporarily idle raised funds from the company's initial public offering, which raised a total of RMB 1,072.4 million [3]. Investment Methodology - The cash management products are fixed-term structured deposits, classified as principal-protected products, ensuring high safety and compliance with regulations [4][5]. Trustee Information - Hangzhou Bank Co., Ltd. is a listed financial institution, and there are no related party transactions involved in this cash management activity [5]. Disclosure and Compliance - The company will fulfill its information disclosure obligations in accordance with relevant regulations and guidelines [5]. Impact on Company - The cash management activities will not affect the company's daily operations or the normal implementation of investment projects, and it aims to enhance the returns for shareholders [6][8]. Accounting Treatment - The principal of cash management will be recorded as cash and cash equivalents or trading financial assets, while interest income will be recognized in the profit and loss statement [6]. Decision-Making Process - The board of directors and the supervisory board approved the cash management proposal on February 28, 2025, allowing the use of up to RMB 520 million of idle raised funds for cash management within a 12-month period [6][9].

Fundraising Overview - Zhejiang Rongtai Electric Material Co., Ltd. has successfully completed its initial public offering (IPO) of 70 million shares at a price of 15.32 RMB per share, raising a total of 1,072.40 million RMB, with a net amount of 970.05 million RMB after deducting issuance costs of 102.35 million RMB [1][27]. - The company has signed a five-party supervision agreement for the special account of the raised funds, involving Singapore Rongtai Electric Material PTE. LTD, Glorymica Mexico, S.A. de C.V., Industrial and Commercial Bank of China Mexico Branch, and Dongxing Securities Co., Ltd. [1][5]. Special Account Management - A special fundraising account has been established at the Industrial and Commercial Bank of China Mexico Branch, specifically for the project of producing 500,000 sets of components for new energy vehicles [6][24]. - The balance of the special account was reported as 0 RMB as of March 31, 2025, and the funds are strictly allocated for the designated project [6][12]. Fund Usage Adjustments - The company has approved a delay in the project timeline for the annual production of 2.4 million sets of new energy vehicle safety components from December 2024 to December 2026, reallocating a total of 280 million RMB from this project to new projects [3][4]. - The adjustments were made to enhance the efficiency of fund usage while ensuring investor protection [2][4]. Cash Management Activities - The company has utilized temporarily idle raised funds to purchase structured deposit products from Hangzhou Bank, amounting to 150 million RMB, which has matured, returning the principal and generating a profit of 128,200 RMB [24][31]. - The cash management aims to improve the efficiency of fund usage without affecting the normal operation of fundraising investment plans [24][28]. Compliance and Reporting - The company is committed to adhering to relevant regulations regarding fundraising management and will ensure timely disclosure of information as required by the Shanghai Stock Exchange and the China Securities Regulatory Commission [30][36]. - The management of cash management products will be conducted in accordance with strict investment principles to safeguard the funds [33][34].