Core Viewpoint - The company has announced the completion of its fundraising project related to the "Advanced Semiconductor Equipment R&D and Industrialization Project" and plans to permanently supplement its working capital with the remaining funds from the initial public offering (IPO) and surplus fundraising [1][10]. Fundraising Overview - The company raised a total of RMB 227,283.12 million from its IPO, with a net amount of RMB 212,759.73 million after deducting issuance costs of RMB 14,523.40 million [1][2]. - The total amount of surplus funds raised is RMB 112,730.08 million [5][8]. Project Completion and Surplus Funds - The Shanghai factory project has been completed as of June 30, 2025, and the remaining surplus funds will be used to pay outstanding project costs and subsequently supplement working capital [5][6]. - The surplus funds were generated due to effective cost management and cash management strategies during the project [5][10]. Usage of Surplus Funds - The company plans to use the remaining surplus funds of RMB 61.18 million for permanent working capital, which will support daily operations [7][9]. - The company has committed that the amount used for permanent working capital will not exceed 30% of the total surplus funds within a 12-month period [9][10]. Regulatory Compliance - The company has followed all necessary legal procedures and regulations regarding the use of surplus funds, ensuring compliance with the relevant guidelines from the China Securities Regulatory Commission and the Shanghai Stock Exchange [10][11]. - The proposal to use surplus funds for working capital is subject to approval at the upcoming shareholders' meeting [1][10].

Core Viewpoint - The company has completed the investment project "Advanced Semiconductor Equipment R&D and Industrialization Project" and plans to permanently supplement its working capital with the remaining raised funds and surplus funds from the initial public offering [1][12]. Fundraising Overview - The company issued 31,619,800 shares at a price of RMB 71.88 per share, raising a total of RMB 212,759.73 million [1]. - The total amount of surplus funds raised was RMB 112,730.08 million after accounting for the net proceeds from the initial public offering [6][10]. Investment Project Details - The main investment projects funded by the raised capital include: - Advanced semiconductor equipment technology R&D and improvement project - High-end semiconductor equipment industrialization base construction project - Total investment in these projects amounts to RMB 278,029.65 million [4]. Project Completion and Surplus Funds - The "Shanghai Second Factory Project" has been completed and put into use as of June 30, 2025, with a total investment of RMB 88,000 million from surplus funds [5][6]. - The surplus funds were primarily due to effective cost control and cash management during the project [6]. Future Use of Surplus Funds - The remaining surplus funds of RMB 61.18 million will be permanently supplemented into working capital for daily operations after settling any outstanding project payments [8][10]. - The company has committed that the amount used for working capital will not exceed 30% of the total surplus funds raised within any 12-month period [10]. Regulatory Compliance - The use of surplus funds for working capital is in compliance with relevant regulations and has been approved by the company's board and supervisory board [12]. - The company will proceed with the necessary procedures to close the fundraising accounts after the transfer of surplus funds [8].