Core Viewpoint - The company is holding its second extraordinary general meeting in 2025 to discuss the change in the use of part of the raised funds and to conduct other business matters related to its operational strategy and risk management. Group 1: Meeting Procedures and Rights - The company has established guidelines for the meeting to ensure the rights of shareholders are protected and that the meeting proceeds in an orderly manner [1][2][3] - Shareholders and their representatives must register and present necessary identification documents to participate in the voting process [1][2] - The meeting will allow shareholders to express their opinions and ask questions, but they must adhere to the agenda and time limits [2][3] Group 2: Fundraising and Investment Projects - The company plans to change the use of unutilized funds from its Thai investment project to support a new investment project aimed at enhancing production capacity [4][5][6] - The total amount of funds raised from the initial public offering was approximately RMB 3.93 billion, with a net amount after expenses of RMB 3.93 billion [5] - The new investment project is focused on the production of high-performance radial tires and is expected to significantly enhance the company's production capabilities [12][13] Group 3: Financial Details and Project Feasibility - The new investment project has a total investment of RMB 236.51 million, with RMB 67.15 million allocated from the raised funds, representing 17.07% of the net amount raised [8][14] - The project is expected to generate annual sales revenue of approximately RMB 1.162 billion and has an internal rate of return of 10.4% [14] - The company has a strong market position, with increasing demand for its products, particularly in the context of the growing electric vehicle market [16][17] Group 4: Risk Management and Future Outlook - The company aims to mitigate risks associated with raw material price fluctuations by engaging in futures hedging activities, with a maximum limit of RMB 600 million for such transactions [23][24] - The company also plans to conduct foreign exchange derivatives transactions to hedge against currency risks, with a maximum limit of USD 80 million [27][28] - The overall strategy is designed to enhance the company's financial stability and operational efficiency in a competitive market environment [30]