Core Viewpoint - The company has decided to postpone the timeline for the "Industrial Artificial Intelligence Algorithm and Software Platform R&D Project" while maintaining the investment purpose and scale of the fundraising project [1][3]. Fundraising Basic Information - The company raised a total of RMB 1,973.70 million through its initial public offering, with a net amount of RMB 1,805.28 million after deducting issuance costs [1]. - The company has established a special account for the management of the raised funds, which are fully stored in this account [2]. Postponement Details - The project was originally scheduled to reach its usable state by May 2025, but this date has been adjusted to November 2025 [3]. - The postponement is based on the strategic development plan of the company to enhance its machine vision algorithm capabilities in response to increasing customer demands [4]. Impact of Postponement - The postponement will not change the investment content or the implementation subject of the project and is not expected to have a significant adverse impact on the project's implementation [4]. - The decision aligns with the company's long-term development strategy and does not harm the interests of shareholders [4]. Opinions from Supervisory Bodies - The supervisory board agrees that the postponement does not alter the purpose of the raised funds or harm the interests of shareholders, viewing it as a reasonable adjustment based on actual project conditions [4]. - The sponsoring institution supports the decision, confirming that it complies with relevant regulations and does not affect the normal progress of the fundraising investment plan [4][5].