Group 1 - The report indicates that Yantai Shichuan Sealing Technology Co., Ltd. has experienced a slowdown in capacity expansion due to significant fluctuations in the commercial vehicle industry, impacting project progress [1][2] - The completion dates for the "Sealing Gasket Technology Upgrade and Expansion Project" and the "Thick Coating Metal Glue Board Technology Upgrade and Expansion Project" have been postponed to December 31, 2025, and December 31, 2026, respectively [2] - The "Thermal Protection Cover Technology Upgrade and Expansion Project" has been terminated, and the remaining raised funds will be retained in a dedicated account for cash management while new investment projects are being considered [2][3] Group 2 - The company has effectively established and executed relevant regulations and internal controls, including those to prevent related party transactions and manage raised funds [1] - The company has conducted one on-site inspection, and the report was submitted in accordance with regulations, with no significant issues identified [1] - The company and its shareholders have fulfilled their commitments, with no unfulfilled commitments reported [2]