Core Viewpoint - The company has approved a plan to utilize idle raised funds for cash management, indicating a strategic approach to optimize financial resources while ensuring project progress remains unaffected [1] Group 1: Company Actions - The company and its wholly-owned subsidiary plan to use up to RMB 1 billion (approximately USD 140 million) of temporarily idle raised funds for cash management [1] - The cash management will involve purchasing high-security, high-liquidity structured deposits and other cash management products that meet capital preservation requirements [1] - The approved fund usage is valid for 12 months from the date of the board's approval, allowing for rolling use within the specified limit [1] Group 2: Impact on Operations - The company asserts that this cash management initiative will not impact the progress of the investment projects funded by the raised capital or the normal production and operation of the company [1]

Core Viewpoint - The company has approved the use of temporarily idle raised funds, up to a maximum of RMB 600 million, for cash management products, ensuring that normal operations and investment plans are not affected [1] Group 1: Cash Management Account Setup - The company has established dedicated settlement accounts for cash management products, including structured deposits, at various banks [2] - The accounts will only be used for managing temporarily idle raised funds and will not be used for non-raised funds or other purposes [2] Group 2: Risk Control Measures - The company will adhere to relevant regulations and internal policies when conducting cash management activities [3] - The company will monitor investment products closely and maintain communication with financial institutions to manage risks effectively [4] Group 3: Impact on the Company - Utilizing idle raised funds for cash management will not affect the company's daily cash flow needs or the normal operation of investment projects [4] - This strategy aims to enhance fund utilization efficiency and generate additional returns for shareholders [4]