Group 1 - The company plans to use part of its idle raised funds for cash management, with a maximum amount not exceeding RMB 600 million, and the investment period not exceeding 12 months [8][10][19] - The cash management products will include low-risk investments such as bank fixed-income products, structured deposits, and treasury reverse repos [7][16][27] - The decision to use idle funds for cash management has been approved by the company's board and requires further approval from the upcoming shareholders' meeting [9][18][60] Group 2 - The company has also proposed to use its own idle funds for cash management, with a maximum amount not exceeding RMB 1.4 billion, under similar conditions as the raised funds [28][30][35] - The cash management strategy aims to enhance the efficiency of fund utilization and increase returns for the company and its shareholders [30][38][59] - The company has a history of managing idle funds effectively, with a remaining balance of RMB 613 million as of October 24, 2025, from previous cash management products [15][31][34] Group 3 - The company has faced delays in its investment projects, leading to the need for cash management to ensure funds are utilized effectively without impacting ongoing projects [13][14][19] - The board has approved various governance changes, including the cancellation of the supervisory board, which will be replaced by the audit committee [43][45][72] - The company is committed to complying with relevant regulations and ensuring that cash management does not harm the interests of shareholders [19][35][60]

Group 1 - The company board guarantees that the announcement content is free from any false records, misleading statements, or significant omissions, and assumes legal responsibility for its authenticity, accuracy, and completeness [1] - The company plans to invest up to RMB 21 million of idle raised funds in low-risk investment products with high safety and liquidity, including but not limited to fixed-income financial products, structured deposits, and large certificates of deposit [2] - The company redeemed RMB 30 million in financial products [1] Group 2 - On June 13, 2025, the company used part of its idle raised funds to purchase a financial product from "Bank of China Wenzhou Yongjia Oubei Branch" for RMB 30 million, with a term of 88 days [3] - The product matured on September 9, 2025, yielding a return of RMB 132,361.64, which met expectations, and both principal and interest have been returned to the raised funds account [3]