兆丰股份：部分募集资金投资项目延期

Core Viewpoint - The company has announced a delay in the completion of several key projects, extending the expected operational date from December 31, 2025, to December 31, 2026, due to various market and operational factors [1] Group 1: Project Delays - The company will delay the "Enterprise Technology Center Upgrade Project," which plans to use 99.83 million yuan in raised funds [1] - The "Annual Production of 30 Million Automotive Hub Bearing Unit Precision Forging Intelligent Factory Construction Project" will utilize 488.69 million yuan in raised funds and is also postponed [1] - The "Annual Production of 2.3 Million New Energy Vehicle Hub Bearing Units Project" is set to use 95.13 million yuan in raised funds and will be delayed [1] - The "Annual Production of 300,000 New Energy Vehicle Control Systems Project" will use 133.08 million yuan in raised funds and is similarly postponed [1] Group 2: Reasons for Delay - The delays are attributed to changes in market conditions, rapid technological advancements in the industry, evolving customer demands, and the company's cautious approach to using raised funds [1] - Some projects are experiencing slower progress due to longer equipment procurement cycles or adjustments to self-funding investments [1] Group 3: Project Viability and Impact - The company has re-evaluated the necessity and feasibility of the delayed projects, concluding that they align with the long-term strategic planning [1] - The postponement does not alter the content, total investment, or implementing entities of the fundraising projects, ensuring no indirect changes to the direction of raised funds or harm to shareholder interests [1] - The delay is expected to enhance the efficiency of fund utilization and the quality of project implementation without significantly impacting the company's current operations [1]