Core Viewpoint - The company is progressing on the MED project as planned, with key imported equipment arriving and installation underway [1] Group 1: Project Implementation - The MED project, invested in by Zhejiang Laibo Display Technology Co., Ltd., is being implemented according to schedule, with core imported equipment arriving in batches and entering the installation and debugging phase [1] - The government is concurrently constructing the factory and supporting facilities, as well as the modular factory and warehouse [1] Group 2: Capital Contribution - Shareholders of Laibo Display have completed their capital contributions as per the joint venture agreement, with a total registered capital of RMB 550 million by the end of 2025 [1] - The second phase of registered capital, amounting to RMB 83.74 million, was confirmed by all shareholders and contributed in the form of intellectual property rights [1] Group 3: Financing - A syndicate loan agreement was signed on September 19, 2024, with a total loan amount not exceeding RMB 3.5 billion for fixed assets [1] - As of September 30, 2025, Laibo Display has utilized RMB 56.39 million from the syndicate loan, with plans to gradually increase the use of the loan based on project progress [1]
莱宝高科:MED项目整体基本按计划进度实施