Core Viewpoint - The company plans to issue A-shares to specific investors, including its controlling shareholder, to raise funds for an artificial intelligence and high-density interconnect circuit board project, aiming to enhance its market position and technological capabilities [1][11][12]. Summary by Sections 1. Overview of Related Transactions - The company intends to issue A-shares to no more than 35 specific investors, with the controlling shareholder, Zhuhai Huashi Huanxin Fangke Investment Enterprise (Limited Partnership), committing to subscribe for up to 23.50% of the total issuance, amounting to a maximum of RMB 465 million [2][3]. 2. Financial Data of Related Party - Zhuhai Huashi Huanxin Fangke Investment Enterprise holds 23.50% of the company's shares and has total assets of RMB 1,582.30 million, total liabilities of RMB 953.25 million, and a net profit of RMB 1.64 million for the year ending December 31, 2024 [4][5]. 3. Purpose and Impact of the Transaction - The funds raised will be invested in the "Artificial Intelligence and High-Density Interconnect Circuit Board Industry Base Project," which is expected to accelerate the company's entry into high-value markets and enhance its technological capabilities [11][12]. - The project aims to optimize the company's business scope, capture more market share, and strengthen its competitive position in strategic emerging markets [12][13]. - The issuance is anticipated to improve the company's financial condition, reduce financial risks, and enhance profitability and operational stability [13][14]. 4. Approval Process - The issuance requires approval from relevant state-owned asset supervision authorities, the company's shareholders' meeting, the Shanghai Stock Exchange, and the China Securities Regulatory Commission [1][10][14].