Core Viewpoint - The company, Klate, has responded to the Beijing Stock Exchange regarding its issuance of convertible bonds, highlighting the successful outcomes of previous fundraising projects and the strategic focus of the new fundraising efforts on the intelligent and efficient wind turbine sector [1] Group 1: Previous Fundraising Projects - The previous fundraising project achieved a return of 124.45% on the committed benefits, with a total fundraising amount of 108 million yuan [2] - The original projects were adjusted due to strong market demand and space limitations, leading to the establishment of the "Industrial Thermal Management Equipment Industrialization Project (Phase I)" [2] - The project is expected to reach production by April 2025, with projected revenues of 228 million yuan and net profits of 12.51 million yuan for the first nine months of 2025 [2] Group 2: R&D Center Achievements - The "New Energy Equipment R&D Center Project" has also shown significant results, with a total investment of 43.41 million yuan and a completion rate of 101.37% [3] - The project has established several specialized laboratories, enhancing the company's technical research capabilities [3] - The R&D team has expanded from 108 to 188 members, with 27 new patent applications filed since 2024, including 15 granted patents [3] Group 3: New Fundraising Focus - The new fundraising plan aims to raise 200 million yuan, with 140 million yuan allocated for the "Intelligent High-Efficiency Wind Turbine Construction Project" and 60 million yuan for working capital [4] - The project will focus on high-end products such as high-speed centrifugal blowers and intelligent variable frequency high-efficiency fans, complementing previous projects without redundancy [4] - Upon reaching full production, the project is expected to generate annual revenues of 259 million yuan and achieve a post-tax internal rate of return of 16.60% [4] Group 4: Performance Metrics - From 2022 to 2024, the company is projected to have an average annual revenue growth rate of 11.95%, with revenues of 435 million yuan and net profits of 45.84 million yuan for the first nine months of 2025 [5] - The revenue structure is improving, with significant growth in sectors such as rail transportation (33.90% of revenue) and marine engineering (22.60%), while the new energy equipment sector is recovering steadily [5] - Management and R&D expenses are increasing in line with personnel expansion and project investments, consistent with the pace of business development [5]