Core Viewpoint - The company has approved the use of up to 50 million RMB of idle raised funds for cash management to enhance fund efficiency and protect investor interests while ensuring that it does not affect the construction of investment projects or change the intended use of the raised funds [1][4][8]. Fundraising Overview - The company raised a total of 690,926,082.89 RMB through a non-public offering of 210,210,210 shares, as approved by the China Securities Regulatory Commission [1][2]. - The funds are stored in a special account, with oversight agreements in place to monitor their use [2]. Use of Funds and Reasons for Idleness - The company has specific projects funded by the raised capital, with total investment amounts and adjustments detailed [3]. - The idleness of some funds is attributed to the construction and operational maintenance cycles of the investment projects, leading to temporary surplus [3]. Cash Management Details - The company plans to use the idle funds for cash management, ensuring it does not impact project construction or change the intended use of the funds [4][7]. - The cash management will involve low-risk, high-liquidity financial products, with a maximum investment period of 12 months [5][6]. Risk Control Measures - The company will only engage with legally qualified financial institutions and will purchase safe, liquid products [6]. - Internal audits and monitoring will be conducted to assess the safety of the funds and the performance of the investments [6]. Impact of Cash Management - The cash management initiative is expected to improve fund efficiency and generate additional returns for shareholders without affecting the normal operation of investment projects [7][8]. Approval Process - The board and supervisory committee have approved the cash management proposal, confirming it aligns with regulatory requirements and does not alter the intended use of the raised funds [8][9].