Core Viewpoint - The company has approved the use of idle self-owned funds for cash management, allowing for investments up to RMB 400 million in low-risk, high-liquidity financial products with a maturity of no more than 12 months [1]. Group 1: Cash Management Approval - The company and its subsidiaries can utilize up to RMB 400 million of idle self-owned funds for cash management, as approved in the second extraordinary general meeting of shareholders on May 30, 2025 [1]. - The investment products must have high safety, good liquidity, and a capital protection agreement, with a usage period effective for 12 months from the date of approval [1]. Group 2: Investment Products Overview - Recent cash management activities include various financial products, such as structured deposits and certificates, with expected annual returns ranging from 0.70% to 3.00% [1]. - The total amount of idle self-owned funds used for cash management in the past twelve months, including the current approval, is RMB 155 million, which is within the approved limit [3]. Group 3: Approval Process - The proposal for cash management has been reviewed and approved by the company's board of directors, supervisory board, and the extraordinary general meeting of shareholders [1]. - The purchase of financial products falls within the approved limits and does not require further board or shareholder approval [1]. Group 4: Impact on Company - The use of idle funds for low-risk financial products is expected to enhance the efficiency of fund utilization and improve overall company performance, benefiting shareholders [2][3]. - The cash management strategy ensures that daily operations and normal business activities are not affected, maintaining liquidity for the company's core operations [2].