Group 1 - The company has redeemed all structured deposit products amounting to 35 million yuan, with the principal and investment returns returned to the fundraising account [2] - The structured deposit product was managed by Hangzhou Bank, with an expected annual yield of 2.3% to 2.5% [2] - The total amount of idle fundraising funds used for entrusted wealth management in the last twelve months was 220 million yuan, with actual returns of 1.1052 million yuan [2] Group 2 - The highest single-day investment amount in the last twelve months was 5 million yuan, which represents 3.20% of the net assets for the past year [2] - The cumulative returns from entrusted wealth management in the last twelve months accounted for 0.76% of the net profit for the past year [2] - The company currently has an unused wealth management quota of 120 million yuan out of a total quota of 120 million yuan [2]

Core Viewpoint - The company, Ningbo Hengshuai Co., Ltd., has approved the use of up to RMB 120 million of idle raised funds for cash management, ensuring it does not affect the construction of investment projects or normal operations [1][2]. Group 1: Cash Management Approval - The board of directors and supervisory board approved the cash management proposal on April 2, 2025, allowing the use of idle funds for a period of 12 months [1][2]. - The funds can be used in a rolling manner within the approved limit and timeframe, without needing further shareholder approval [2]. Group 2: Cash Management Product Redemption - The company has engaged in cash management by purchasing structured deposit products, with a total of RMB 11 million in cash management products currently not yet matured [3]. - The expected annualized return rates for these products range from 1.00% to 3.50% [3][4]. Group 3: Risk Management Measures - The company will not invest in stocks, derivatives, or unsecured bonds, focusing instead on bank wealth management products [2]. - Close monitoring and auditing of the cash management funds will be conducted to ensure safety and compliance [2]. Group 4: Impact on Daily Operations - The cash management strategy is designed to enhance fund efficiency and generate investment returns without impacting the company's daily operations or project construction [2][3].