Core Viewpoint - The company plans to raise up to 1 billion yuan through a private placement of shares to enhance its capital structure and support key projects in water treatment and resource utilization [1][2]. Group 1: Fundraising and Project Allocation - The company intends to use the raised funds for projects including the improvement of water supply capacity in Kashgar and the construction of a sewage treatment plant, as well as for optimizing water treatment systems at Shanxi Zhongmei Pinglu Energy Chemical Co., Ltd. [1][3]. - The total amount allocated for the Kashgar water supply and sewage treatment project is expected to be no more than 800 million yuan, while the optimization project at Shanxi Zhongmei will receive up to 100 million yuan [3]. Group 2: Business Focus and Market Trends - The company specializes in industrial water treatment, high-salinity wastewater resource utilization, and comprehensive development of salt lake minerals, leveraging proprietary technologies for wastewater treatment solutions [1]. - The increasing demands for wastewater recycling in traditional industries and the urgent need for ultra-pure water in emerging sectors like electronics and renewable energy are driving the trend towards resource utilization [1]. Group 3: Financial and Operational Benefits - The fundraising will help optimize the company's capital structure, alleviate financial pressure, and enhance its ability to withstand risks, thereby improving overall financial stability [2]. - By integrating capital with technology, the company aims to strengthen its leading position in industrial water treatment and accelerate the large-scale application of zero-discharge technologies [2]. - The issuance of new shares is seen as a proactive measure to enhance operational capabilities and sustainable development, allowing the company to respond effectively to national environmental goals and resource utilization policies [2].