Fundraising Overview - The company raised a total of RMB 1,640.03 million by issuing 35.56 million shares at a price of RMB 46.12 per share, with net proceeds after expenses amounting to RMB 1,487.48 million [1][2] - As of June 30, 2025, the balance in the fundraising special account was RMB 187.55 million [1][3] Fund Utilization - The company utilized RMB 669.85 million for fundraising projects and permanently supplemented working capital with RMB 553.53 million from oversubscribed funds [1][4] - The company has not used idle fundraising funds to temporarily supplement working capital during the reporting period [2][4] Cash Management - The company approved the use of up to RMB 900 million of temporarily idle fundraising funds for cash management, ensuring that it does not affect project progress or operational safety [2][3] - A total of RMB 125 million was invested in high-safety, high-liquidity financial products [3][6] Project Investment Status - The company reported that there were no changes in the use of fundraising projects during the reporting period [4][6] - The high-end electronic materials production project and the semiconductor packaging materials project have specific investment amounts and progress, with the latter's investment amount adjusted from RMB 111.66 million to RMB 62.42 million [5][6] Oversubscription Fund Usage - The company permanently supplemented working capital with RMB 147.53 million from oversubscription funds during the reporting period [4][5] - There were no oversubscription funds used for ongoing or new projects, including asset acquisitions [4][5]