Group 1 - The company, Hefei Jingsong Intelligent Technology Co., Ltd., is using part of the raised funds to increase the registered capital of its wholly-owned subsidiary, Hefei Jingsong Robot Co., Ltd., to implement a new investment project [1][4][7] - The total amount raised from the initial public offering was RMB 529.21 million, with a net amount of RMB 465.49 million after deducting issuance costs [1][2] - The new investment project has a total budget of RMB 389.25 million, and the company plans to allocate RMB 20.80 million for capital increase and RMB 1.50 million for registered capital [4][5] Group 2 - The company terminated the previous investment project, "Intelligent Logistics System Production Base Technical Renovation Project," and redirected the remaining funds to the new project [2][3] - The registered capital of Hefei Jingsong Robot Co., Ltd. will increase from RMB 50 million to RMB 100 million after the capital increase [4][5] - The company has established a dedicated account for the management of the raised funds, ensuring compliance with relevant regulations and protecting investor interests [5][6] Group 3 - The investment decision was approved by the company's board of directors on August 4, 2025, and does not require shareholder approval [6][7] - The sponsor institution has verified that the use of funds aligns with the company's interests and complies with regulatory requirements [7][8] - The company maintains a 100% ownership stake in Hefei Jingsong Robot Co., Ltd. after the capital increase [7]