On December 10, GELONGHUI reported that Yilian Technology (301631.SZ) announced that the fifth session of the Board of Directors held its twelfth meeting and the fifth session of the Board of Supervisors held its twelfth meeting on December 6, 2024, to review and approve the proposal "to use part of the idle raised funds for Cash Management." The company and its subsidiaries plan to use no more than 1 billion yuan (including the amount) of idle raised funds for cash management without affecting normal Operation and the construction of investment projects of the raised funds. The funds will be used to purchase capital-protected products that have high safety, good liquidity, and low risk, while meeting the requirement that the investment period for a single product does not exceed 12 months. The above quota is valid for 12 months from the date of approval by the Board of Directors and can be used in a rolling manner within the aforementioned quota and time frame. After the cash management of idle raised funds matures, it will be promptly returned to the special account for raised funds.