Core Viewpoint - The company has completed the fundraising project for the "Jiangyin Xingjia New Materials Co., Ltd. annual production of 1.5 million tons of green packaging materials" and plans to permanently supplement its working capital with the remaining funds of 328.0228 million yuan [1][2][10]. Fundraising Overview - The company issued 25 million convertible bonds with a face value of 100 yuan each, raising a total of approximately 2.487 billion yuan [2][3]. - The net amount raised after expenses was 2,487,477,358.49 yuan [2]. Project Completion and Fund Usage - The project has reached a usable state as of June 30, 2025, with a total investment of 973.3349 million yuan and remaining funds of 328.0228 million yuan [8][9]. - The remaining funds will be used for daily operational activities, and the company plans to return any unused funds to the special account before the shareholders' meeting [10][11]. Reasons for Fund Surplus - The surplus was primarily due to cost savings achieved through negotiations with suppliers and a decrease in material prices during the project [9]. - The company paid some supplier invoices using its own funds, which contributed to the surplus [9]. Impact of Fund Usage - The decision to use the surplus funds for working capital is aligned with the company's operational needs and is expected to enhance the efficiency of fund utilization [10][11]. - The project completion and fund allocation will not adversely affect the company's existing operations [10][11]. Approval Process - The board of directors and the supervisory board have approved the proposal, which will be submitted for shareholder approval [11][12].