Fundraising Overview - The company raised a total of RMB 589,711,887.81 through a non-public offering of 74,906,367 shares at a price of RMB 8.01 per share, approved by the China Securities Regulatory Commission [1][2] - The total number of shares issued was 133,156,830, with a nominal value of RMB 1 per share [1] Fund Management and Usage - The company established a management system for the use of raised funds, which was approved by the board in 2008 and revised multiple times, most recently in 2021 [1] - A tripartite supervision agreement was signed with the sponsor and a bank, along with quadripartite agreements for specific subsidiaries [2] Project Completion and Fund Allocation - The company decided to conclude the "Flexible Assembly R&D and Production Base Project" and permanently allocate the remaining funds of RMB 100 million to supplement working capital for daily operations [2][3] - All fundraising projects from the 2020 non-public offering have been completed, and all related special accounts have been closed [3]