Core Viewpoint - The company has announced the redemption of part of its idle raised funds for cash management, aiming to enhance the efficiency of fund utilization and generate investment returns while ensuring that the fundraising investment plans are not affected [2][12]. Group 1: Cash Management Redemption - The company redeemed cash management products amounting to 50 million yuan, yielding a profit of 236,300 yuan [3]. - The cash management involved floating income certificates from GF Securities Co., Ltd. with a total amount of 80 million yuan [4][2]. - The decision for cash management was approved in the board and supervisory meetings held on April 15, 2025 [3][7]. Group 2: Fund Source and Management - The funds used for cash management are temporarily idle raised funds from a specific stock issuance approved by the China Securities Regulatory Commission, totaling approximately 1.79 billion yuan [5][15]. - The net amount raised after deducting issuance costs was approximately 1.77 billion yuan, with 54.94 million yuan already utilized by June 30, 2025 [15]. - The company has established a special account for the management of raised funds, ensuring compliance with regulatory requirements [15][16]. Group 3: Investment Purpose and Strategy - The purpose of using idle funds for cash management is to improve fund efficiency and ensure the preservation and appreciation of cash assets [3][12]. - The company plans to invest in low-risk financial products with high liquidity and safety, ensuring that the investment does not alter the intended use of the raised funds [8][12]. Group 4: Risk Control Measures - The company will adhere to prudent investment principles, with a maximum investment period of 12 months for safe and liquid products [9]. - Regular monitoring and analysis of the investment products will be conducted to mitigate potential risks [9][10]. - Internal audits and oversight by independent directors and supervisory boards will ensure compliance and risk management [10][11]. Group 5: Impact on the Company - The cash management initiative is expected to enhance the efficiency of the raised funds and provide additional returns for the company and its shareholders [12]. - The company will follow relevant accounting standards to reflect the cash management activities in its financial statements [12].

Core Points - The company, Shiyun Circuit, announced the signing of a four-party supervision agreement for the special fund account related to its fundraising efforts [2] - The newly established special account will hold a total of 520 million yuan for the construction of a high-end, high-precision printed circuit board project in Thailand, with an annual production capacity of 1.2 million square meters [2] Summary by Category - **Company Announcement** - Shiyun Circuit has signed an agreement with Thailand Shiyun, Industrial and Commercial Bank of China (Thailand) Co., Ltd., and CITIC Securities as the sponsor [2] - The agreement pertains to the establishment of a special fund account for fundraising purposes [2] - **Project Details** - The funds will be allocated for the construction of the first phase of a new project in Thailand, specifically a green industrial park [2] - The project aims to produce 1.2 million square meters of high-end, high-precision printed circuit boards annually [2]