Summary of Key Points Core Viewpoint - The company announced the cancellation of certain fundraising special accounts, reallocating the remaining funds to supplement its working capital permanently, following the completion of specific investment projects [1][3][4]. Fundraising Overview - The company was approved by the China Securities Regulatory Commission to issue 17 million shares at a price of 14.71 yuan per share, raising a total of 250,070,000 yuan, with the actual net amount being confirmed through an audit report [1][2]. Fund Management and Usage - To ensure proper management and usage of the raised funds, the company established special accounts and signed tripartite/quadripartite supervision agreements with its underwriter and the banks holding the funds [2][3]. - The company has implemented a fundraising management system to regulate the storage, usage, and management of the funds, ensuring compliance with relevant regulations [1][2]. Cancellation of Fundraising Accounts - The company decided to cancel two fundraising special accounts at Shanghai Pudong Development Bank due to the completion of the related investment project and the decision to permanently supplement the remaining funds into working capital [3][4]. - The cancellation of these accounts also leads to the termination of the corresponding tripartite/quadripartite supervision agreements [4].