Summary of Key Points Core Viewpoint - The company has decided to terminate certain fundraising investment projects and permanently supplement the remaining raised funds into working capital, aligning with its strategic development needs and operational requirements [1][3][4]. Fundraising Basic Situation - The company raised a total of RMB 2,224,519,865.68 through a non-public offering of 474,311,272 shares at an issue price of RMB 4.69 per share, with all funds received by July 9, 2021 [1]. Status of Fundraising Investment Projects - As of June 30, 2025, the company has completed the construction of several projects, including the Shandong and Yibin supply chain integration centers, and has decided to terminate further investments in certain software and equipment for these projects [2][3]. Reasons for Termination of Investment Projects - The decision to terminate the "Digital Transformation Project" was made as the project has met its operational requirements and objectives. The company plans to use its own funds for any further necessary investments in equipment and software [3]. Impact of Termination on the Company - The termination of these fundraising investment projects is deemed a prudent decision that aligns with the company's strategic planning and will not adversely affect its normal operations. The remaining funds will support the company's main business development and enhance its competitive position [3][4]. Review Procedures and Opinions - The board of directors and the supervisory board have both approved the decision to terminate the fundraising investment projects and reallocate the remaining funds, confirming that the decision is in the best interest of the company and its shareholders [4][5]. Sponsor Institution's Verification Opinion - The sponsor institution, CITIC Securities, has verified that the decision to terminate the investment projects and reallocate the funds complies with relevant regulations and does not harm the interests of the company or its shareholders [5].

Core Viewpoint - The company, Zhejiang Dongri Co., Ltd., is focusing on expanding its business in agricultural wholesale markets, fresh food distribution, and food processing, with a strategic emphasis on technology innovation and market expansion [1][3]. Group 1: Business Structure - The company's main business consists of three segments: agricultural wholesale market operations, fresh food distribution, and food processing, with a strategic layout described as "1+2+N" [1][2]. - The agricultural wholesale market business is centered in Wenzhou, with a projected transaction volume of 1.38 million tons and a transaction value of approximately 12 billion yuan in 2024 [2]. - The fresh food distribution business has a market share of only 5% in Wenzhou, indicating significant growth potential, while the tofu production business holds an 80% market share in the main urban area of Wenzhou [2]. Group 2: Technology and Innovation - The company has prioritized enhancing its technological innovation capabilities, expanding into multiple business segments along the industry chain, including digital industry output and AI applications [3]. - The company is also involved in specialized medical food, precise nutritional meal research and production, and modern farming practices [3]. Group 3: Financial and Operational Insights - The company has initiated a stock incentive plan in 2023, with the first unlocking period expected in September of the same year [3]. - The financial statements include non-current financial assets, which represent the company's equity holdings in Wenzhou Bank [3].