Core Viewpoint - The company has announced an extension of the expected operational readiness date for two projects, which are the "Hunan Changsha MIM Products Production Base Construction Project" and the "Pan Hai R&D Center Construction Project," to June 30, 2026 [1] Group 1: Project Details - The total planned investment for the production base project is 646 million yuan, while the R&D center project is set at 102 million yuan [1] - The funding source for these projects is from the proceeds of the initial public offering, designated for construction purposes [1] Group 2: Reasons for Delay - The delay is attributed to additional business demands from some clients that are expected to be released in the first half of the coming year, necessitating capacity adjustments [1] - Outstanding payments for certain construction works and equipment are also a factor in the delay [1] Group 3: Impact Assessment - The extension does not alter the investment purpose, total investment amount, or the implementing entity of the projects [1] - The company asserts that the delay will not have a substantial impact, will not harm shareholder interests, and complies with relevant fundraising management regulations [1] - Overall, the delay is not expected to negatively affect the company's normal operations or overall fundraising arrangements [1]