Core Viewpoint - The company has approved the use of up to 800 million RMB of its own funds for wealth management and securities investment to enhance the efficiency of its capital utilization and maximize shareholder returns [1][2]. Investment Overview - The investment amount will not exceed 800 million RMB, including reinvested investment income, and will not involve raised funds or bank credit [2]. - The investment will include various financial products such as equity funds, stocks, bonds, and asset management plans, in compliance with relevant regulations [2][3]. - The investment period is valid for one year from the date of board approval [2]. Risk Analysis and Control Measures - The company acknowledges several risks including market volatility, unpredictable investment returns, liquidity risks, and operational risks [2][3]. - To mitigate these risks, the company will adhere to strict internal controls and regulatory guidelines, ensuring safe investment practices and maximizing returns [3][4]. - The finance department will manage and monitor investments, reporting any risks to senior management promptly [4]. Impact on the Company - The company aims to enhance the efficiency of its capital and increase investment returns without affecting its core business operations [4][5]. - The investment strategy is expected to improve overall performance and provide greater returns to shareholders [4]. Decision-Making Process - The board of directors approved the investment plan during its fourth meeting on May 16, 2025, and this decision falls within the board's authority, thus not requiring shareholder approval [5].