Core Viewpoint - The company intends to extend the repayment of idle raised funds and continue using them for temporary working capital to address cash flow pressures due to overdue receivables from clients [4][5][7] Fundraising Overview - The total amount raised from the issuance of A-shares is approximately 294.90 million yuan, with a net amount of about 284.34 million yuan after deducting issuance costs [3] - As of July 18, 2025, the company has utilized approximately 92.88 million yuan of the raised funds, leaving about 203.03 million yuan temporarily idle [3][4] Previous Use of Idle Funds - In July 2024, the company approved the use of up to 100 million yuan of idle funds for temporary working capital, with a usage period not exceeding 12 months [4] Current Situation of Idle Funds - The company plans to extend the repayment of 100 million yuan of idle funds for an additional 12 months due to slower-than-expected cash inflow from overdue receivables [5][6] - The extension aims to maintain operational cash flow stability and improve the efficiency of fund usage [5][6] Justification for Extension - The company emphasizes that the use of idle funds will not affect the normal implementation of fundraising projects and is necessary to meet daily operational needs [5][6] - It is estimated that this temporary use of funds could save approximately 3 million yuan in financial costs over a year, based on current bank loan rates [5] Approval Process - The proposal for extending the repayment of idle funds has been approved by the company's board of directors, supervisory board, and independent directors, ensuring compliance with relevant regulations [6][7] - The independent directors and supervisory board agree that this decision will enhance fund utilization efficiency without harming the interests of shareholders [6][7]