Core Viewpoint - The company intends to utilize part of the temporarily idle raised funds for cash management to enhance fund efficiency and increase returns for the company and its shareholders [6][9][10] Fundraising Overview - The company issued 17,610,850 shares at a price of RMB 54.00 per share, raising a total of RMB 950,985,900.00, with a net amount of RMB 929,804,701.21 after deducting issuance costs [2][3] - The funds are stored in a dedicated account, with a tripartite supervision agreement signed to ensure effective management [2][3] Investment Project Details - The raised funds are allocated to specific projects, including: - Annual production of 15,000 tons of electronic functional powder materials - Annual production of 20,000 tons of lithium battery coating materials [3][4] - The company has made adjustments to project locations and added new implementation entities to optimize production layout and efficiency [3][4][5] Cash Management Plan - The company plans to use up to RMB 20,000.00 million of temporarily idle funds for cash management, with a validity period of 12 months starting from October 10, 2025 [6][9] - The cash management will focus on low-risk, high-liquidity products, ensuring that the investment does not affect the normal implementation of fundraising projects [6][7] Approval and Oversight - The board of directors and the supervisory board have approved the cash management plan, ensuring compliance with relevant regulations and safeguarding shareholder interests [9][10] - The sponsor institution has verified that the cash management plan adheres to regulatory requirements and does not alter the intended use of the raised funds [9][10]

Group 1 - In July 2025, the number of newly registered private equity and venture capital fund managers surged to 16, a 77.8% increase from June, reaching four times the number in July 2024 [1] - The number of newly filed private equity and venture capital funds was 130 and 245 respectively, showing a year-on-year growth of 7.1% but a month-on-month decline of 3.4% [1] - The domestic primary equity investment market recorded 552 financing events, with year-on-year and month-on-month growth of 5.1% and 11.7% respectively, and a total disclosed financing amount of approximately 71.756 billion yuan, a 142.0% increase from July 2024 [1] Group 2 - Yida Capital, managing over 120 billion yuan, has registered four new funds by the end of July 2025, with a total registered capital of 3.62 billion yuan [3] - The Ma'anshan Cihu Venture Capital Partnership Fund, with a total scale of 1 billion yuan, focuses on life health and related industries, with the largest LP holding 69.9% [3] - The Ma'anshan Digital Empowerment Industry Fund also has a total scale of 1 billion yuan, investing in key areas such as artificial intelligence and data elements [4] Group 3 - The Lhasa Strong City Equity Investment Fund, the first government industry fund in Tibet, has a total scale of 1.5 billion yuan, focusing on cultural tourism, digital economy, financial industry, and green industry [4] - Yida Capital disclosed a total of 9 equity investment events during the reporting period, compared to only 1 in July 2024, indicating a significant increase in investment activity [4] - In the first seven months of 2025, Yida Capital completed 50 investments, which is 1.72 times the total number of investment events from July to December 2024 [4] Group 4 - Yida Capital's investments in July 2025 were predominantly in early-stage projects, with angel, Pre-A, and A-round investments accounting for 66.7% of total investments [6] - The manufacturing sector received approximately 42.9% of Yida Capital's investments, covering sub-sectors such as machinery and instrumentation [6] - About one-third of Yida Capital's invested projects are located in Jiangsu Province, with Shanghai and Zhejiang each accounting for 22.2% [9] Group 5 - Cloud Huang New Materials, a developer of high-end electronic paste, completed a Pre-A round financing of 10 million yuan, exclusively invested by Yida Capital [12] - The funds will be used to enhance cash flow and expand customer market reach, aiming to replace foreign suppliers in the high-end electronic materials market [12] - Cloud Huang New Materials has established a large customer base by the end of 2024 and achieved sales of tens of millions in the first half of 2025 [12]