Group 1: Business Operations - The company's current production and operational status is stable, with key projects like the "Cold Chain Logistics System Environmental Heat Exchanger and Intelligent Module Industrialization Project" and "R&D Center Construction Project" reaching usable status, expected to positively impact future performance [2] - The company has established deep collaborations with electric vehicle brands such as Changan Automobile and Chery Automobile, aiming to enhance product competitiveness and expand overseas sales while maintaining existing market stability [2] Group 2: Future Vision - The company is committed to the research and development of green energy-saving refrigeration equipment, with a mission to "create beauty and deliver value," contributing to energy savings in refrigeration systems globally [2] - Future plans include expanding applications in data centers, cold chain logistics, biomedicine, industrial refrigeration, and electric vehicles, while actively exploring overseas markets and establishing production bases abroad to accelerate global expansion [2]

Core Viewpoint - The company has approved the completion of certain fundraising projects and plans to permanently supplement its working capital with the remaining funds of 23.35 million yuan, which includes interest income and unpaid contract balances [1][6][7]. Fundraising Basic Information - The company raised a total of 629.60 million yuan from its initial public offering, with a net amount of 560.16 million yuan after deducting issuance costs of 69.44 million yuan [1][2]. - The total amount of oversubscription funds was 270.84 million yuan [1]. Fundraising Project Status - The projects "Cold Chain Logistics System Environmental Heat Exchanger and Intelligent Module Industrialization Project" and "Research and Development Center Construction Project" have reached the predetermined usable state and are eligible for completion [5][6]. Fundraising Management - The company has established a fundraising management system to ensure the proper use and efficiency of the raised funds, complying with relevant laws and regulations [2][3]. - A tripartite supervision agreement was signed with various banks to clarify the rights and obligations of all parties involved in the management of the funds [2]. Fundraising Usage and Surplus - As of May 31, 2025, the total surplus from the fundraising projects is 23.35 million yuan, which will be used to supplement working capital permanently after approval from the shareholders' meeting [5][6]. - The surplus is attributed to careful cost control and the generation of interest income during the fund storage period [5]. Impact on the Company - The decision to use surplus funds for working capital is expected to enhance the company's operational efficiency, reduce financial costs, and improve profitability, aligning with the interests of the company and its shareholders [6][7]. Approval Procedures - The board of directors and the supervisory board have both approved the proposal to complete the fundraising projects and use the surplus funds, confirming that the process complies with legal requirements [7][8].