Core Viewpoint - 泰禾智能 has decided to change the use of raised funds from the "Intelligent Coal Dry Selection Machine Industrialization Project (Phase I)" to the "120MW/240MWh User-side Energy Storage Project" to improve the efficiency of fund utilization [1] Group 1: Fund Allocation Changes - The company plans to redirect 21,909.37 million yuan of unutilized raised funds (including interest and investment income after deducting fees) to the new energy storage project [1] - The total investment amount for the "120MW/240MWh User-side Energy Storage Project" is set at 25,209.00 million yuan, with the remaining portion being self-financed by the company [1] Group 2: Financial Status and Future Plans - As of September 30, 2025, 卓海智能 has a balance of 6,602.97 million yuan in its fundraising account, which will be used for the energy storage project [2] - The remaining 15,306.40 million yuan will be used for capital increase in 阳光优储 to implement the same project, maintaining 阳光优储 as a wholly-owned subsidiary [2] - The company will proceed with the necessary business registration procedures following the capital increase [2]

Group 1 - The company plans to provide guarantees for its wholly-owned subsidiary Hebei Leheng Energy Saving Equipment Co., Ltd. and its controlling subsidiary Hebei Daheng Machinery Equipment Co., Ltd. The guarantee amount is up to 100 million yuan for Leheng Energy Saving and up to 5 million yuan for Daheng [9][12] - The total amount of guarantees provided by the company for these subsidiaries as of December 31, 2024, is 4.1748 million yuan, with no overdue guarantees [15][17] - The board of directors has approved the guarantee proposal, which will be submitted to the shareholders' meeting for further approval [9][15] Group 2 - The company intends to change part of the raised funds originally allocated for the "Annual Production of 800 Sets of Chemical and Pharmaceutical Equipment Project" to a new project, "Screw Compressor Industrialization Construction Project," with a total amount of 29 million yuan [31][32] - The remaining uninvested raised funds for the original project amount to 46.3369 million yuan, which will continue to be used for the original project's investment [31][35] - The new project aims to enhance the company's competitiveness and efficiency in fund usage, with an expected annual revenue of 117.5 million yuan after reaching normal operation [49][50] Group 3 - The new project will be implemented by Hebei Leheng Energy Saving Equipment Co., Ltd., focusing on producing high-efficiency screw compressors and variable frequency screw compressors [38][39] - The project is expected to have a construction period of two years and aims to meet the growing market demand for energy-efficient and environmentally friendly equipment [39][48] - The project is projected to achieve an internal rate of return of 14.2% after tax, with a payback period of 7.76 years [49]