Group 1 - The core point of the article is that Zhejiang Zhengyu Industrial Co., Ltd. has received approval from the China Securities Regulatory Commission for a stock issuance aimed at raising up to 450 million yuan, primarily for the construction of the Zhengyu Intelligent Manufacturing Park (Phase II) and to supplement working capital [2] - The funds raised will help the company overcome production capacity bottlenecks, enhance order acceptance capabilities, improve product quality control, and stabilize production [2] - The company’s main product, automotive shock absorbers, has a strong demand in the overseas aftermarket, driven by a large base of vehicle ownership and steady growth, which is expected to continue expanding [2] Group 2 - The domestic automotive aftermarket is also projected to grow annually as the automotive industry in China develops rapidly and Zhengyu Industrial strengthens its market presence [2] - The Zhengyu Intelligent Manufacturing Park (Phase II) will produce products consistent with the company's existing shock absorber offerings, including traditional suspension system shock absorbers, shock absorber assemblies, and electronically controlled intelligent suspension shock absorbers [2]