Meeting Overview - The first session of the Supervisory Board of Laplace New Energy Technology Co., Ltd. was held on April 2, 2025, with all three supervisors present, including one via remote voting [2][3] Resolution Summary - The Supervisory Board approved the proposal to change the implementation location of the fundraising investment project, confirming that the change aligns with the company's actual situation and does not harm the interests of the company or its shareholders [3][12] Fundraising Details - The company raised a total of 710 million yuan (approximately 71.26 million) through its initial public offering, with a net amount of 625 million yuan (approximately 62.5 million) after deducting issuance costs [7] Project Location Change - The original implementation site for the "High-end Photovoltaic Equipment R&D and Production Headquarters Project" was in Shenzhen, covering an area of 25,422.97 square meters. The new site will be a combined area of 15,199.93 square meters and the original site, ensuring efficient land use [8][9] Impact of Location Change - The change in project location is based on operational needs and does not alter the project's content or funding usage, ensuring compliance with relevant regulations and maintaining shareholder interests [10][12] Approval Process - The proposal for the location change was approved during the meetings of both the Board of Directors and the Supervisory Board on April 2, 2025, and did not require further shareholder approval [11][12]