Zheng Quan Zhi Xing·2025-08-22 11:14Core Viewpoint - The company has decided to re-evaluate and temporarily suspend certain fundraising investment projects due to changes in market conditions and technological advancements in the industry [3][4]. Fundraising Overview - The company raised a total of RMB 815,978,425.74 by issuing 240,134,144 shares at a price of RMB 3.45 per share [1]. - All raised funds have been deposited into a special account approved by the board of directors, with a tripartite supervision agreement signed among the company, the sponsor, and the commercial bank [2]. Investment Project Adjustments - The adjusted investment projects include the key equipment production line for panel boxes and the intelligent transformation project for high-end wear-resistant parts [2]. - The total investment amount for the projects was adjusted from RMB 82,846.28 million to RMB 81,597.84 million, with a total investment of RMB 108,801.61 million [2]. Project Re-evaluation and Suspension - The high-end wear-resistant parts manufacturing line project has been delayed compared to the original plan, requiring a re-evaluation based on the latest industry technologies and market demands [3]. - The decision to suspend the project is based on the evolving industry requirements for materials and processes, which have introduced new materials that differ from the original plan to produce metal liners [3][4]. Impact of Project Suspension - The re-evaluation and suspension of the investment projects are seen as prudent decisions that do not harm shareholder interests and comply with relevant regulations [4][5]. - The company believes that this decision will optimize resource allocation, reduce investment risks, and lay a foundation for future market opportunities [4]. Approval Procedures - The board of directors and the supervisory board have approved the re-evaluation and suspension of the high-end wear-resistant project [5]. - The sponsor has confirmed that the approval procedures comply with the relevant regulations and that the decision does not harm shareholder interests [5][6].