Core Viewpoint - Recent misinformation regarding a company's export of solder paste as rare earth materials has been clarified by Nanning Customs, confirming that the product is not classified as rare earth and requires specific export permits [1] Group 1: Company Details - A company declared an export shipment of 600 kilograms of solder paste to Thailand on March 18, with the outer packaging labeled as "low-temperature solder paste" and the inner packaging indicating "tin-bismuth alloy" [1] - The solder paste contains a bismuth content of 55.3%, which is classified as a nitrogen group element and does not fall under the category of rare earth materials [1] Group 2: Regulatory Compliance - The export of the bismuth-containing product necessitates the acquisition of an export license from regulatory authorities [1] - The company was unable to provide the required export documentation, leading to customs withholding the shipment [1]

Fundraising Overview - The company raised a total of RMB 1,168,299,971.40 by issuing 248,574,462 shares at a price of RMB 4.70 per share, with a net amount of RMB 1,154,144,584.29 after deducting fees [2] - The funds were received on September 28, 2023, and the verification report was issued by Tianzhi International Accounting Firm [2] Fund Management and Storage - The company has established a management system for fundraising in compliance with relevant laws and regulations, ensuring dedicated storage and usage of the funds [3] - A total of seven dedicated bank accounts have been opened for the storage of the raised funds, which are not to be used for other purposes [4] Fund Supervision Agreements - The company has signed multiple tripartite and quadripartite agreements with its sponsor and banks to ensure proper management and supervision of the raised funds [5][6] - These agreements outline the responsibilities and obligations of the company, the sponsor, and the banks involved in the fund management [6] Fund Account Closure - As of March 31, 2025, the company has completed the closure of certain fundraising accounts after the funds were fully utilized, aiming to reduce management costs [7] - The termination of related supervision agreements occurred following the closure of these accounts [7]