Core Viewpoint - The report provides a verification of the use of previously raised funds by Suzhou Mawei Technology Co., Ltd., confirming that the funds have been utilized in accordance with regulatory requirements and that there are no significant misstatements in the financial reporting [1][2]. Summary by Sections Previous Fundraising Overview - The total amount raised from the issuance of shares was approximately RMB 608.50 million, with a net amount of RMB 604.69 million after deducting issuance costs [3]. - A second issuance raised approximately RMB 2.81 billion, with a net amount of RMB 2.79 billion after costs [4]. Fund Usage and Balance - As of December 31, 2024, the company has fully utilized the funds from the first issuance, totaling RMB 607.94 million [5]. - The remaining balance of unutilized funds as of December 31, 2024, is RMB 380.20 million, primarily held in structured deposits [5][6]. Fund Management - The company has established a fund management system in compliance with regulatory requirements to protect investor interests [5]. - A tripartite supervision agreement was signed with the sponsor and banks to ensure proper management of the raised funds [5]. Investment Project Performance - There have been no changes to the investment projects funded by the previous fundraising [6][7]. - The projects funded have not reported any inability to account for benefits separately, nor have they fallen below the promised return thresholds [7]. Idle Fund Management - The company has received approval to use idle funds for cash management, allowing for investment in low-risk financial products [8][9]. - As of December 31, 2024, the company has utilized idle funds for structured deposits, with a balance of RMB 380 million in such investments [9][10]. Comparison with Public Disclosures - The actual use of funds aligns with previously disclosed information in regular reports [10]. Other Matters - The company plans to use surplus funds from specific projects to supplement working capital for daily operations [10].