Zheng Quan Zhi Xing·2025-08-25 16:52Summary of Key Points Core Viewpoint - The company has completed certain fundraising projects and plans to permanently supplement its working capital with the remaining funds from these projects, which aligns with its operational needs and regulatory requirements [1][9]. Group 1: Fundraising Overview - The company was approved to publicly issue 36.67 million shares at a price of RMB 43.67 per share, raising a total of RMB 1,601,378,900.00, with a net amount of RMB 1,442,913,368.76 after deducting related fees [1][2]. - The funds are managed in a dedicated account under the supervision of the sponsor and the bank, ensuring compliance with regulations [1][5]. Group 2: Investment Project Details - The total investment for the fundraising projects is RMB 122,584.90 million, with RMB 75,000.00 million allocated from the raised funds for various projects, including planning and construction, R&D, and working capital [3][4]. - Adjustments were made to the internal investment structure of the "Planning and Construction Project" while keeping the total investment unchanged [4][5]. Group 3: Project Completion and Fund Usage - The "Planning and Construction Project" has reached a usable state, with a total of RMB 32,900.00 million committed, and an expected surplus of RMB 970.32 million, which is 2.95% of the total investment [5][6]. - The surplus funds will be permanently transferred to the company's general bank account to support daily operations, while maintaining the dedicated account until all pending payments are settled [6][7]. Group 4: Approval and Compliance - The board of directors approved the project completions and the use of surplus funds on August 22, 2025, confirming that the decisions align with the company's business needs and legal regulations [7][8]. - The sponsor has verified that the project completions and fund reallocations comply with relevant regulations and do not harm the interests of the company or its shareholders [8][9].