Core Viewpoint - Dongpeng Beverage Group Co., Ltd. has provided a detailed report on the management and usage of raised funds as of June 30, 2025, highlighting the total amount raised, the amount utilized, and the remaining balance in special accounts for the raised funds [1][2]. Summary by Sections 1. Basic Information on Raised Funds - The company raised a total of RMB 1,851.26 million by issuing 40,010,000 shares at RMB 46.27 per share in May 2021 [1]. - As of June 30, 2025, the total amount utilized from the raised funds is RMB 1,658.08 million, with RMB 24.93 million used in the first half of 2025, leaving a remaining balance of RMB 73.85 million [1][2]. 2. Management and Storage of Raised Funds - The company has established a management method for the raised funds to ensure compliance with regulatory requirements and protect investor interests [1]. - Special agreements have been signed with banks and sponsors to clarify the rights and obligations of all parties involved in the management of the raised funds [1]. 3. Usage of Raised Funds - The report details the specific projects funded by the raised capital, including construction projects and marketing initiatives, with a total of RMB 173.19 million allocated across various projects [3][4]. - The company has completed the use of funds for several projects, with the remaining funds primarily in cash management products [3][4]. 4. Changes in Fund Usage - The implementation subject of the R&D center construction project has been changed from a subsidiary in South China to another subsidiary in Zengcheng, without altering the total investment amount or project content [4][5]. - The company has approved the extension of the completion date for the headquarters building project to June 2026 due to strategic investment considerations [4][5]. 5. Compliance and Disclosure - The company confirms that all disclosures related to the usage of raised funds are timely, truthful, accurate, and complete, with no violations in the management and disclosure of raised funds [3][4].