Core Viewpoint - The company, Suzhou Kema Materials Technology Co., Ltd., is issuing convertible bonds to unspecified objects, which may dilute immediate returns, and has proposed measures to compensate for this dilution [1][2][4]. Financial Impact Analysis - The issuance of convertible bonds will affect the company's key financial indicators, with scenarios analyzed based on different assumptions of net profit growth for 2025 and 2026 [2][3]. - Under the assumption of no growth in net profit, the diluted earnings per share (EPS) would decrease from 0.81 to 0.71 [3]. - If net profit increases by 10%, the diluted EPS would improve to 0.86, while a 20% increase would raise it to 1.03 [3]. Necessity and Reasonableness of the Issuance - The issuance of convertible bonds is deemed necessary and reasonable as it supports the company's product structure upgrade and enhances core competitiveness, aligning with the interests of the company and its shareholders [4][5]. Relationship with Existing Business - The funds raised will be used for projects related to the company's main business of advanced ceramic materials and semiconductor equipment surface treatment, which aligns with national industrial policies [5]. Measures to Compensate for Dilution - The company plans to implement strict management of the raised funds, enhance core business operations, and improve internal controls to mitigate the risk of diluted immediate returns [5][6]. - The company will also accelerate the construction of funded projects to ensure timely realization of expected benefits [8]. Commitments from Key Stakeholders - The company's board members and senior management have committed to ensuring the effectiveness of the measures to compensate for the dilution of immediate returns [10][11].