Group 1 - Company Guanshi Technology (SH 605588) announced a plan to issue shares to specific investors, approved by the board, with a maximum of 35 investors allowed [1] - The total number of shares to be issued will not exceed 30% of the total share capital before the issuance, amounting to approximately 22.04 million shares [1] - The issuance price will be no less than 80% of the average trading price of the company's A-shares over the 20 trading days prior to the pricing date [1] Group 2 - The company aims to raise up to 700 million yuan, with funds allocated for a photomask manufacturing project (total investment of approximately 1.931 billion yuan, with 530 million yuan from the raised funds) and for working capital (total investment of 170 million yuan, with 170 million yuan from the raised funds) [1] - For the year 2024, the company's revenue composition is projected to be 92.16% from manufacturing, 7.65% from trading, and 0.19% from other businesses [1] - The current market capitalization of Guanshi Technology is 4 billion yuan [2]

Core Viewpoint - Guanshi Technology (605588.SH) has indicated that its photomask products can be applied in the PCB (Printed Circuit Board) sector [1] Company Summary - Guanshi Technology is actively engaging with investors regarding its product applications [1] Industry Summary - The application of photomask products in the PCB field highlights the potential for growth and innovation within the semiconductor and electronics manufacturing industry [1]

Core Viewpoint - The independent directors of Nanjing Guanshi Technology Co., Ltd. have provided their opinions regarding the company's response to the inquiry letter from the Shanghai Stock Exchange, emphasizing the importance of transparency and compliance with regulations [1]. Group 1: Investment and Financial Performance - The company plans to invest CNY 1.61 billion in the "Photo Mask Manufacturing Project," which commenced construction in October 2023 and aims to deliver 55nm photo masks by March 2025 [1]. - As of the end of 2024, the cumulative investment in the project reached CNY 1.092 billion, with an expected revenue of CNY 694,700 for 2024 [1]. - Cash payments for fixed assets and long-term assets from 2023 to 2024 were CNY 447 million and CNY 756 million, respectively, with significant increases in the book value of fixed assets and construction in progress [1]. Group 2: Supplier and Transaction Analysis - The independent directors confirmed that the top ten cash outflows for fixed asset purchases from 2023 to 2024 were thoroughly reviewed, and no related party transactions were identified [2]. - The directors also verified that the top ten counterparties for other non-current assets as of the end of 2023 and 2024 were not related parties, ensuring that funds did not flow to the company's controlling shareholders or their affiliates [2].