Zheng Quan Zhi Xing·2025-08-08 16:24Summary of Key Points Core Viewpoint - The company plans to use part of the excess raised funds, amounting to RMB 46,700,000, to permanently supplement its working capital, which aligns with its business development needs and aims to enhance profitability while safeguarding the interests of all shareholders [1][4][6]. Group 1: Fundraising Overview - The company successfully completed its initial public offering (IPO) of 329,849,630 shares at a price of RMB 9.87 per share, raising a total of RMB 3,255,615,848.10, with all funds received and verified by an accounting firm [1][2]. - The net amount raised after deducting issuance costs was RMB 306,781,460, with excess funds totaling RMB 191,781,460 [2][5]. Group 2: Use of Excess Funds - The company intends to use 24.35% of the excess funds (RMB 46,700,000) for permanent working capital, ensuring that this does not affect the funding needs of the investment projects [4][5]. - The company has committed that the total amount used for permanent working capital or repaying bank loans will not exceed 30% of the total excess funds within any twelve-month period [4][5]. Group 3: Approval Process - The decision to use excess funds was approved by the company's board of directors and supervisory board, and it will be submitted for shareholder approval [5][6]. - The supervisory board confirmed that the decision complies with relevant regulations and does not harm the interests of shareholders, particularly minority shareholders [5][6]. Group 4: Regulatory Compliance - The use of excess funds adheres to the regulations set forth by the China Securities Regulatory Commission and the Shanghai Stock Exchange regarding the management and use of raised funds [4][6].