People's Daily Online: The cash management products of 300 million yuan in idle raised funds have matured and been redeemed for profits.

People's Daily announcement states that on October 13, 2025, the company used 300 million yuan of idle raised funds to purchase Bank of Communications' "Yuntong wealth" structured deposit product, which will mature on December 22nd. Upon maturity, the principal of 300 million yuan was redeemed, with a profit of 1,035,600 yuan, yielding an annualized rate of return of 1.80%. The principal and earnings have been transferred to the company's special account for raised funds. The company will conduct cash management again within the authorized limit and term, and the use of funds has not exceeded the scope authorized by the board of directors, with no overdue situations.