Core Viewpoint - The company is currently involved in a lawsuit regarding patent infringement claims made by Xiamen Hongfa Electric Appliance Co., Ltd, with a total claim amount of RMB 60 million, and the case is still in the initial stages of litigation [2][3][4]. Group 1: Lawsuit Details - The lawsuit was filed by Xiamen Hongfa Electric Appliance Co., Ltd, claiming that the company's products infringe on four specific patents [5][6]. - The company and its subsidiaries, Kunshan Guoli Source Technology Co., Ltd and Kunshan Ruipu Electric Co., Ltd, are named as defendants in the case [2][4]. - The court has accepted the case, but no hearing has been scheduled yet [2][4]. Group 2: Financial Implications - The total amount claimed in the lawsuit is RMB 60 million, which includes compensation for economic losses and legal fees [3][7]. - The company has stated that it cannot determine the specific impact of the lawsuit on its profits until a final judgment is made [3][7]. Group 3: Company Response - The company believes it has strong evidence to prove the invalidity of the four patents in question and asserts that its products do not infringe on these patents [7]. - On November 3, 2025, the company filed a request for invalidation of the involved patents with the National Intellectual Property Administration [3][7]. - The company emphasizes its commitment to protecting intellectual property rights and maintaining normal operations despite the ongoing litigation [7][8].

Core Points - A new individual business named Chongchuan District Cheneng Intelligent Electrical Appliance Operating Department has been established with a registered capital of 100,000 RMB [1] - The legal representative of the business is Qiang Yixin [1] - The business scope includes sales of smart instruments and meters, wearable smart devices, hardware products, micro-special motors and components, and various retail and wholesale activities [1] Business Scope - The business will engage in the sale of general projects such as smart instruments and meters, wearable smart devices, and hardware products [1] - It also includes research and development of hardware products and sales of electronic materials and daily necessities [1] - Additional services offered include professional lock opening services and sales of gifts and flowers [1] - The business is authorized to conduct operations independently based on its business license, excluding projects that require approval [1]

Core Points - The company has approved the temporary use of idle raised funds to supplement working capital, not exceeding RMB 200 million, ensuring it does not affect the construction of fundraising projects [2] - The usage period for the idle funds is from February 6, 2025, to February 5, 2026, after which the funds will be returned to the designated account [2] - The company has previously utilized RMB 198.275 million of idle raised funds for temporary working capital and has fully returned this amount to the special account [3] Summary by Sections - **Board Approval**: The third board meeting approved the proposal to use idle funds temporarily for working capital, ensuring compliance with project funding requirements [2] - **Usage Restrictions**: The funds will only be used for operations related to the main business and will not be involved in securities investments or stock trading [2] - **Return of Funds**: The company has returned all previously used idle funds to the special account and informed the sponsor institution [3]