Core Viewpoint - The company plans to use remaining raised funds to permanently supplement its working capital, which is deemed necessary for business development and improving capital efficiency, ultimately benefiting shareholders [3][4][5]. Fundraising Overview - The company raised a total of RMB 1,999,296,000.00 through its initial public offering, with a net amount of RMB 1,755,828,193.56 after deducting issuance costs [1]. - The actual net amount raised was RMB 175,582.82 million, with excess funds amounting to RMB 98,085.12 million as of the date of the report [3]. Usage of Remaining Raised Funds - The company intends to use RMB 161,196,444.99 of the remaining excess funds to permanently supplement working capital, which represents 16.43% of the total excess funds [3][4]. - The plan to use excess funds is aligned with the company's operational needs and aims to enhance capital efficiency and profitability [4]. Necessity of Fund Usage - The increasing operational scale and business development of the company necessitate additional working capital to support ongoing operations and improve overall efficiency [4]. - The decision to use excess funds is justified as it aligns with the principle of maximizing shareholder value [4]. Company Commitments - The company commits that the amount used for permanent working capital will not exceed 30% of the total excess funds within any twelve-month period [5]. - The company will refrain from high-risk investments or providing financial assistance to entities outside its controlling subsidiaries for twelve months after utilizing the funds [5]. Approval Process - The board of directors has approved the use of the remaining excess funds for working capital, and the matter will be submitted for shareholder approval [5]. - The sponsoring institution has confirmed that the decision-making process complies with relevant regulations and has no objections to the proposed use of funds [5].