Core Viewpoint - The company is issuing convertible bonds to unspecified investors, which may dilute immediate returns, and has proposed specific measures to mitigate this dilution risk [1][2][4] Financial Impact Analysis - The company has analyzed the impact of the convertible bond issuance on key financial metrics under different scenarios, including a 10%, 20%, and 30% growth in net profit for 2026 compared to 2025 [2][4] - The projected net profit for the parent company, excluding non-recurring gains and losses, is estimated at RMB 137.71 million for 2025 [2][4] - The total share capital is expected to increase from 27,139.28 million shares to 28,593.62 million shares if all bonds are converted [4] Measures to Mitigate Dilution - The company has committed to using the raised funds effectively and has established a management system to ensure compliance with regulations regarding the use of raised funds [20][21] - The company plans to enhance its operational efficiency and profitability to counteract the dilution effect on immediate returns [20][21] Project Necessity and Feasibility - The funds raised will be used for projects that are expected to enhance the company's market competitiveness and create new profit growth points [6][20] - The company focuses on industrial software and smart manufacturing solutions, aiming to support digital transformation for enterprises [6][8] Technical and Market Preparedness - The company has a strong talent pool with 1,674 R&D personnel, accounting for 33.72% of its workforce, ensuring adequate technical support for project implementation [9] - The company has established a solid market presence with a diverse client base across various industries, which will help in the successful adoption of new solutions [14][16]