Fundraising Overview - The company issued convertible bonds totaling RMB 300 million, with a net amount of RMB 290.2179 million after deducting issuance costs of RMB 9.7821 million [1] - The bonds have a maturity of 6 years and were approved by the China Securities Regulatory Commission [1] Investment Projects - The total investment for the projects funded by the convertible bonds is RMB 336.7031 million, with RMB 300 million allocated from the raised funds [2][3] Fund Management - The company established a three-party supervision agreement with Zhongshan Securities and two banks to manage the raised funds in compliance with regulations [3] Account Cancellation - The company has completed the cancellation of the special accounts for the raised funds as the investment projects have been concluded, and the remaining funds have been permanently allocated to supplement working capital [4] - The accounts at China Minsheng Bank and CITIC Bank have been officially closed, with the balance in the Minsheng Bank account being zero at the time of cancellation [4]

Group 1 - The company held its 28th meeting of the 4th Board of Directors and the 18th meeting of the 4th Supervisory Board on April 3, 2025, and convened the first temporary shareholders' meeting on April 21, 2025, to approve the conclusion of the convertible bond fundraising projects [2] - The company decided to conclude the "5G Support and Ecological Operation System Project" and "AI Technology and Application Project" and to permanently supplement working capital with the surplus fundraising amount of 40.7066 million yuan [2] - The actual net fundraising amount from the convertible bonds issued in 2020 was 261.82349 million yuan, which was verified by an accounting firm [2] Group 2 - The company has established a management method for the use of raised funds to ensure safety and efficiency in fund usage, complying with relevant laws and regulations [2] - The company has completed the cancellation procedures for the convertible bond fundraising account and notified the sponsor of this matter [2]