Summary of Key Points Core Viewpoint - The report highlights the compliance issues faced by Xinlei Compressor Co., Ltd. regarding the management of raised funds and the necessary corrective actions taken by the company to address these issues [1][2][3][4]. Group 1: Compliance and Oversight - The company has not timely reviewed its information disclosure documents, with zero instances of late reviews [1]. - The company has established and effectively executed internal regulations to prevent resource occupation by related parties and manage raised funds [1]. - The company conducted one inquiry into the special account for raised funds, confirming that the project progress aligns with the disclosed information [1]. Group 2: Issues Identified and Corrective Measures - A significant issue identified was the use of idle raised funds for cash management without timely disclosure and approval, which is set to continue until June 2025 [1][2]. - The company has implemented corrective measures, including conducting necessary reviews and announcements regarding the use of idle funds [1][2]. - Internal control management has been strengthened, with enhanced supervision and auditing of raised funds management [1][2]. Group 3: Training and Awareness - The company plans to conduct training sessions for its directors and senior management on the legal regulations and internal systems related to raised funds management [1][2]. - The company has completed the corrective measures and is committed to improving compliance awareness among its staff [2][3]. Group 4: Commitment to Governance - The company has reaffirmed its commitment to adhere to information disclosure regulations and improve governance standards [4]. - The company aims to prevent similar issues from occurring in the future by enhancing its operational awareness and compliance practices [4].