Core Viewpoint - The company plans to continue using part of its temporarily idle raised funds for cash management to improve fund management efficiency without affecting the construction of fundraising projects [1][6]. Fundraising Basic Situation - The company issued 693,009,118 shares at a price of 3.29 RMB per share, raising a total of approximately 2.28 billion RMB, with a net amount of about 2.27 billion RMB after deducting issuance costs [1][2]. Reasons for Idle Funds - As of June 2025, the company had a balance of 565 million RMB in raised funds, with cumulative usage of 1.736 billion RMB, including 1.114 billion RMB for previous projects and 70 million RMB for 2025 projects [3][5]. Previous Cash Management - By the end of June 2025, the company had used 445 million RMB of temporarily idle funds for cash management, which was within the approved limit of 450 million RMB [3][4]. Current Cash Management Plan - The company aims to use up to 450 million RMB of idle funds for cash management, with a usage period of 12 months from the board's approval date [5][6]. Investment Products and Safety - The company will invest idle funds in low-risk products such as time deposits, large certificates of deposit, and 7-day notice deposits to ensure safety [5][6]. Decision-Making Process - The board of directors approved the cash management plan, and the sponsor provided a special verification opinion confirming compliance with regulations [6][8].

Core Viewpoint - The company has approved the use of idle raised funds for cash management, ensuring that it does not affect the implementation of investment plans and effectively controls investment risks [1][2]. Summary by Sections Cash Management Plan - The company will use up to RMB 586 million of temporarily idle raised funds for cash management, investing in low-risk, high-liquidity financial products with principal protection from reputable financial institutions [1]. - The investment period will not exceed 12 months from the date of board approval, allowing for rolling use of funds within the specified limit [1]. Redemption Situation - The company redeemed RMB 5 million of temporarily idle raised funds through a 7-day notice deposit with China Merchants Bank, receiving a total return of RMB 7,777.78 [1]. - The principal and earnings from this investment have been returned to the raised funds account [1]. Recent Cash Management Activities - In the past 12 months, the company has made 6 investments in cash management products totaling RMB 716 million, with 2 redemptions amounting to RMB 135 million and 4 investments still outstanding totaling RMB 581 million [1]. - The highest single-day investment amount in the last 12 months was RMB 586 million, representing 16.58% of the company's net assets for the past year [1]. Financial Performance Metrics - The cumulative return from cash management in the last 12 months is 0.0056% of the company's net profit for the same period [2]. - The total amount of funds currently utilized for financial management is RMB 581 million, with an unused limit of RMB 5 million, making the total financial management limit RMB 586 million [2].