Core Viewpoint - The company has approved a proposal to use raised funds for incremental capital increases or loans to subsidiaries to implement the fundraising project focused on the "Construction of Green Energy and Zero Carbon Park Planning and Construction Project" [1] Group 1: Fundraising Project Details - The implementation entity for the fundraising project is the company's wholly-owned subsidiary, New City (Shenzhen) Energy Technology Co., Ltd. [1] - The project will involve the establishment of multiple directly or indirectly 100% owned companies (referred to as "project companies") based on the construction and operation needs of distributed photovoltaic power plants [1] Group 2: Financial Management and Execution - The board has agreed to incrementally provide capital increases or loans to the wholly-owned subsidiary Shenzhen Mingyuan Zhixing Energy Technology Co., Ltd. and its project companies to facilitate the implementation of the fundraising project [1] - The progress of the capital increase or loan will be based on the actual needs of the fundraising project, with loan terms extending from the date of issuance until the completion of the relevant fundraising project [1] - The board has authorized the company's management and its representatives to handle the specific work and related matters for the aforementioned activities [1]