Core Viewpoint - The company has announced the use of idle raised funds for cash management, specifically investing in structured deposits to enhance fund efficiency and returns while ensuring that it does not affect ongoing projects or normal operations [2][3][12]. Investment Overview - **Investment Purpose**: The aim is to improve the efficiency and returns of raised funds while ensuring that the investment does not impact the construction of projects funded by these funds [3]. - **Investment Amount**: The cash management investment amounts to RMB 180 million [4]. - **Source of Funds**: The funds are sourced from the temporarily idle raised funds from the company's non-public stock issuance in 2022, which raised a net amount of approximately RMB 1.16 billion [5]. - **Investment Method**: The company has signed a contract to invest RMB 180 million in a structured deposit product with a term of 47 days, maturing on December 30, 2025 [7]. Recent Cash Management Situation - The cash management activities are within the authorized limits and terms, with no product term exceeding 12 months [8]. Approval Process - The investment proposal was approved during the board and supervisory meetings held on April 9, 2025, and at the annual shareholders' meeting on May 9, 2025 [2][8]. Impact on the Company - The cash management will not affect the normal operation of the company or the progress of funded projects, and it is expected to enhance fund efficiency and increase returns for shareholders [12]. Opinions from Intermediaries - The sponsor institution has confirmed that the use of idle raised funds for cash management has been properly approved and complies with relevant regulations, ensuring no detriment to the company or shareholders [13].