

Summary of Key Points Core Viewpoint - The company, Shanghai Waigaoqiao Group Co., Ltd., is utilizing temporarily idle raised funds for cash management to enhance fund efficiency and increase returns for shareholders while ensuring that the main business and investment projects are not affected [1][5][6]. Fundraising Basic Information - The company raised a total of RMB 2,474,685,295.88 through the issuance of 224,563,094 shares, with a net amount of RMB 2,447,598,658.01 after deducting issuance costs [1][2]. Fund Investment Plan - The total investment for the fundraising projects is RMB 340,393.49 million, with specific allocations as follows: - New Development H2: Total investment RMB 98,000.00 million, raised funds RMB 56,485.53 million - D1C-108~116 General Factory Project: Total investment RMB 78,700.00 million, raised funds RMB 47,007.90 million - F9C-95 Factory Project: Total investment RMB 89,453.49 million, raised funds RMB 67,974.47 million - Supplementing Working Capital: Total investment RMB 74,240.00 million, raised funds RMB 73,291.97 million [2]. Cash Management Purpose - The cash management aims to improve the efficiency of the raised funds, reduce financial costs, and increase company returns without affecting the main business or investment projects [3][5]. Cash Management Details - The company plans to use up to RMB 50,300.00 million of temporarily idle funds for cash management, with a maximum duration of 12 months, allowing for the funds to be recycled [3][4]. - The cash management products will include safe and liquid principal-protected financial products or deposit products, with a term not exceeding 12 months [3][4]. Approval Process - The board of directors and the supervisory board have approved the cash management proposal, ensuring compliance with relevant laws and regulations, and confirming that it does not harm the interests of the company or shareholders [6][7].