Fundraising Overview - The company has issued 27,264,325 shares at a price of RMB 32.46 per share, raising a total of RMB 884,999,989.50, with a net amount of RMB 870,487,724.31 after deducting issuance costs [1][2] - The funds were received on September 25, 2025, and verified by an accounting firm [1] Fund Management and Regulatory Agreement - The company established a special account for fundraising and signed a tripartite supervision agreement with banks and the sponsor, CITIC Securities, on October 14, 2025 [2][4] - The agreement aims to regulate the management and use of the raised funds, ensuring investor protection [4][5] Special Account Details - The special account is designated solely for the "automobile wiring harness production project" and "supplementing working capital" [5] - The account will not be used for other purposes, and any deposits must be reported to the sponsor [5][6] Supervision and Reporting - The sponsor is responsible for supervising the use of the raised funds and must conduct at least biannual inspections [6][7] - Monthly account statements will be provided to the company and the sponsor [7] Change in Supervisory Representative - The company announced a change in the supervisory representative from CITIC Securities due to the previous representative's job change [10][11] - The new representative, Chen Qiang, will continue to oversee the management and use of the remaining funds from the 2022 non-public offering [11][12]

Fundraising Overview - The company has been approved to issue 40 million shares at a price of 93.50 CNY per share, raising a total of 3.74 billion CNY, with a net amount of approximately 3.53 billion CNY after deducting issuance costs [2] - The company has received 522.58 million CNY in excess funds from the fundraising [2] Fund Management - The company has established a fundraising management system to ensure the proper use of raised funds, including a dedicated account for fund storage and management [3] - The company has signed a tripartite supervision agreement with its sponsor and several banks for the management of the fundraising account [3] Fund Usage and Project Updates - The company has approved the establishment of a wholly-owned subsidiary in South Korea for an automotive electronics factory project, utilizing part of the excess funds for this investment [4] - The company has also approved additional investments in the Harbin Global Automotive Electronics R&D Center [4] Account Closure - The company has completed the closure of its fundraising special accounts due to the full utilization of the funds [5] Cash Management - The company has been authorized to use up to 2.8 billion CNY of idle fundraising and 2 billion CNY of idle self-owned funds for cash management, focusing on safe and liquid financial products [7] - The company has redeemed a total of 1.644 billion CNY from various fixed-term deposits, generating a profit of 3.71 million CNY [8] - As of the announcement date, the company has 700 million CNY of idle funds still under cash management, with no overdue amounts [9][10]

Core Viewpoint - Yunhan Chip City held its 21st meeting of the 3rd Board of Directors on October 14, where several important resolutions regarding fundraising management were approved [1]. Group 1: Fundraising Management - The company plans to establish a special fundraising account at the China Industrial and Commercial Bank's Shenzhen Huaqiang branch for the "Intelligent Shared Warehouse Construction Project" and will sign a four-party supervision agreement with the company, sponsor Guojin Securities, and the bank [2]. - The company has prudently adjusted the amount of funds to be invested in fundraising projects based on actual fundraising and operational needs, ensuring project implementation and improving fund utilization efficiency without affecting investment plans or harming shareholder interests, with no objections from the sponsor [2]. - The company will use 200,795,955.14 yuan of raised funds to replace self-raised funds previously invested in fundraising projects and 15,941,121.74 yuan to replace self-raised funds already paid for issuance expenses, complying with regulations and not affecting investment plans or shareholder interests [2].

Core Points - The company announced that its wholly-owned subsidiary, Ganzhou Songhui Fluorine New Materials Co., Ltd., has reached a settlement in a lawsuit, with the plaintiff withdrawing the case [2][11] - The settlement amount involved is 2.6 million RMB, which will not have a significant impact on the company's current or future profits [2][11] Legal Case Overview - The lawsuit was initiated by China Construction Guoxin Engineering Construction Group Co., Ltd. against Ganzhou Songhui for a construction contract dispute, claiming unpaid project funds totaling 3,412,025 RMB [3][4] - The case involved seven construction contracts signed between December 1, 2022, and June 20, 2023, with a total contract value of 20.14 million RMB [3] Settlement Details - The parties agreed that as of September 22, 2025, the total outstanding amount owed by Ganzhou Songhui is 2.6 million RMB, which includes retention money [6] - The plaintiff will withdraw the lawsuit and lift the asset freeze on the defendant's bank account upon receiving the court's ruling [6][9] - The defendant is required to pay 2 million RMB within seven working days after the court's ruling and the remaining 600,000 RMB within 30 days after obtaining the joint acceptance approval [8] Financial Impact - The lawsuit's resolution is expected to have no major adverse effects on the company's financial performance [11] - The previously frozen amount of 3,412,025 RMB in the bank account has been released as of the announcement date [10] Fundraising and Financial Management - The company has opened a temporary special account for fundraising to supplement working capital, with a maximum of 50 million RMB to be used within 12 months [16][17] - A tripartite supervision agreement has been signed with the bank and the sponsor to ensure proper management and usage of the raised funds [19][21]

Group 1 - The company has signed a tripartite supervision agreement for the storage of raised funds to ensure proper management and usage of the funds [4][5][7] - The company raised a total of RMB 1,596,696,897.60 through the issuance of 95,041,482 shares at a price of RMB 16.80 per share, with a net amount of RMB 1,581,962,589.68 after deducting issuance costs [2][3] - The funds will be specifically allocated for the FESCO digital integration project and cannot be used for other purposes [7][9] Group 2 - The company held its second extraordinary general meeting in 2025 on October 13, where all resolutions were passed without any objections [12][13] - The meeting was conducted in compliance with the Company Law and the company's articles of association, utilizing both on-site and online voting methods [13][14] - Several key resolutions were approved, including amendments to the company's articles of association and the fundraising management system [15][16]

Fundraising Overview - The company has received approval from the China Securities Regulatory Commission for its initial public offering (IPO), issuing 79,144,867 shares at a price of RMB 14.16 per share, raising a total of RMB 1,120.69 million, with a net amount of RMB 1,059.78 million after deducting issuance costs [1][2] - The funds have been fully received and verified by Tianzhi International Accounting Firm [1] Fund Management and Usage - The company has decided to lend up to RMB 58.5 million of the raised funds to its subsidiary, Xigao Institute (Xiamen) Electric Research Institute, for specific projects related to green electrical equipment technology research and enhancements in detection capabilities [1][2] - A special account for the raised funds has been opened at China Merchants Bank, with a tripartite supervision agreement signed among the company, the subsidiary, and the bank [2][3] Special Account Agreement - The special account is designated solely for the storage and use of funds related to the specified projects, and cannot be used for other purposes [3][4] - The agreement outlines that the funds can be placed in deposits or other reasonable savings methods, with specific reporting requirements to the sponsor [3][4] - The sponsor is responsible for supervising the use of the funds and must conduct regular checks on the account [4][5] Compliance and Reporting - The agreement mandates monthly account statements from the bank to the company and the sponsor, ensuring transparency in fund management [5] - Any withdrawals exceeding 20% of the net amount raised must be reported to the sponsor [5][6] - The agreement is governed by Chinese law and is effective upon signing, remaining valid until all funds are expended [6][7]

Group 1 - The company, Shenzhen Xingyuan Material Technology Co., Ltd., has signed a supplementary four-party supervision agreement for the storage of raised funds [4][10] - The total amount raised through the issuance of A-shares was approximately 3.5 billion yuan, with a net amount of about 3.48 billion yuan after deducting issuance costs [2][3] - The company has reallocated 208 million yuan of unused funds from a previous project to a new project in Malaysia related to high-performance lithium-ion battery separators [3][4] Group 2 - The four-party supervision agreement includes the company, InnoWay New Materials (Malaysia) Co., Ltd., Bank of China (Malaysia) Berhad, and CITIC Securities Co., Ltd. [4][6] - The special account for raised funds is exclusively for the Malaysian project and cannot be used for other purposes [6][7] - Monthly account statements must be provided by the bank to ensure transparency and compliance with regulations [8][9]

Group 1 - The company plans to use part of its idle raised funds, not exceeding RMB 700 million, to temporarily supplement working capital for innovative drug research and other related business activities, with a usage period of no more than 12 months [1][4][6] - The total amount raised from the issuance of shares was RMB 3,763,999,989, with a net amount of RMB 3,731,054,180 after deducting issuance costs [1][3][39] - The company has established a special account for the raised funds and signed a tripartite supervision agreement with the sponsor and the bank [2][39] Group 2 - The company intends to use up to RMB 2.6 billion of temporarily idle raised funds for cash management, allowing for rolling use within a 12-month period [11][14][24] - The cash management will focus on purchasing safe, liquid, and principal-protected products, ensuring that the funds are not used for stock trading or other speculative activities [15][19][22] - The company will ensure that cash management does not affect the normal operation and safety of the raised funds [24][25] Group 3 - The company has approved the use of self-raised funds to pay for part of the investment project costs, which will later be replaced with raised funds on an equal basis [38][40][46] - This approach aims to improve operational efficiency and ensure the smooth progress of investment projects without affecting the normal use of raised funds [45][57] - The company will maintain strict records and oversight of the funds used for this purpose to ensure compliance with regulations [43][46] Group 4 - The company has completed the election of its fifth board of directors and appointed senior management personnel, including the general manager and financial director [27][29][30] - The new board members and management team are expected to enhance the company's governance and operational efficiency [28][30][31] - The company has also decided to abolish the supervisory board, transferring its responsibilities to the audit committee of the board [27][30] Group 5 - The company plans to use part of the raised funds to increase capital in its wholly-owned subsidiary for the implementation of the innovative drug research project [50][54][57] - This capital increase will not change the direction of the raised funds or the content of the project [51][56] - The company will ensure that the management of the raised funds complies with relevant regulations and that the funds are used effectively [52][57]

Group 1 - The company held its 14th meeting of the 5th Board of Directors on September 30, 2025, with all 9 directors present, complying with relevant laws and regulations [2][3]. - The Board approved the use of up to 300 million yuan of idle raised funds for cash management, ensuring it does not affect project construction or normal operations [3][37]. - The Board also approved the use of self-owned funds and bank acceptance bills to pay for project expenses, which will be replaced by raised funds later [4][30]. Group 2 - The Board agreed to adjust the investment amount for the fundraising project based on the actual funds raised, without changing the purpose of the funds [6][25]. - The company plans to use approximately 300 million yuan of raised funds to increase capital in its wholly-owned subsidiary for project implementation [9][14]. - The company will ensure that the use of raised funds complies with relevant regulations and will not harm the interests of shareholders [21][27]. Group 3 - The company raised a total of approximately 500 million yuan through a specific stock issuance, with a net amount of about 493.87 million yuan after deducting issuance costs [15][30]. - The company will manage the raised funds in a dedicated account and has signed a tripartite supervision agreement with the sponsor and the bank [15][30]. - The company aims to improve the efficiency of fund usage and ensure the safety of the principal through cash management of idle funds [40][49].

Group 1 - The company held its 17th meeting of the 5th Board of Directors on September 30, 2025, where all 7 directors were present, and the meeting was deemed legal and effective [2][3]. - The Board approved the proposal to deregister its subsidiary, Suzhou Yingzhen Intelligent Technology Co., Ltd., to optimize the organizational structure and improve management efficiency [10][12]. - The decision to deregister the subsidiary does not require shareholder approval and does not involve related transactions or constitute a major asset restructuring [10][12]. Group 2 - The company approved the use of part of the raised funds and its own funds to increase capital in its wholly-owned subsidiary, JINCHEN SG PTE.LTD., for the implementation of the "Malaysia Production Base Project" [15][18]. - The total investment for the "Malaysia Production Base Project" is planned at 189.31 million RMB, with 150 million RMB sourced from raised funds and 39.31 million RMB from the company's own funds [15][18]. - The investment will be executed through JINCHEN SG PTE.LTD. to its wholly-owned subsidiary, JINCHEN MALAYSIA SDN.BHD., which is responsible for manufacturing and sales of photovoltaic equipment [18][22]. Group 3 - The company has established a special account for the management of raised funds, ensuring compliance with relevant regulations and protecting investor interests [25][30]. - The special account agreements have been signed with the underwriting institution and the banks involved, ensuring that the funds are used solely for the designated project [30][39]. - The company will provide regular reports on the usage of the raised funds to ensure transparency and accountability [30][42].