Core Viewpoint - The company, Haicheng Bangda Supply Chain Management Co., Ltd., is utilizing idle raised funds for cash management to enhance fund efficiency and generate returns for shareholders while ensuring the safety of the funds [2][4][11] Investment Overview - Investment Types: The company is investing in broker收益凭证 and structured bank deposits [2] - Investment Amount: A total of RMB 150 million is allocated for cash management [2][5] - Source of Funds: The cash management funds are sourced from idle raised funds [6] Cash Management Redemption Status - As of August 7, 2025, the company redeemed RMB 60 million from a financial product, receiving a total return of RMB 457,600, with both principal and earnings transferred to the designated account [3] Investment Purpose - The objective is to improve the efficiency of raised funds and increase returns for the company and its shareholders without affecting the implementation of fundraising projects [4] Recent Financial Management - The company has a total of RMB 963.05 million in cash as of September 30, 2025, with the cash management investment of RMB 150 million representing 15.58% of the total cash [11] Approval Process - The investment plan was approved during the board and supervisory meetings held on April 17, 2025, allowing for the use of up to RMB 220 million in idle funds for cash management within a 12-month period [2][8] Risk Management - The company emphasizes the purchase of high-safety, liquid, and principal-protected financial products, with ongoing monitoring and risk control measures in place [9][10]