Fundraising Overview - The company raised a total of RMB 65,500.00 million through a non-public offering of 98,942,600 shares at RMB 6.62 per share, resulting in a net amount of RMB 64,043.71 million after deducting related expenses [1][2] - As of December 31, 2024, the total amount of funds raised was RMB 64,043.71 million, with a cumulative usage of RMB 64,139.79 million [2][3] Fund Usage and Investment - The company has not changed the use of the previously raised funds, and there are no instances of external transfer or replacement of investment projects [1][3] - The actual investment amount of the projects funded by the previous fundraising is consistent with the committed investment amount, with differences attributed to bank deposit interest after deducting fees [1][3] Project Performance - The cumulative gross profit from the investment projects reached RMB 16,005.87 million, with a cumulative gross profit margin of 14.52%, meeting the expected benefits [3] - The expected benefits of the projects are based on a cumulative gross profit margin of 14.30%, indicating that the projects are still under construction and final benefits are yet to be determined [3]