Core Viewpoint - The company has approved the use of its own funds, bank acceptance bills, letters of credit, and foreign exchange to pay for overseas procurement required for fundraising projects, with subsequent equal replacement from the raised funds [2][7]. Fundraising Basic Situation - The company raised a total of RMB 122,046.91 million after deducting underwriting and sponsorship fees of RMB 90.42 million, with a net amount of RMB 119,486.61 million after accounting for additional external costs [2][3]. Fundraising Investment Project Situation - The total investment for the fundraising projects is RMB 47,325.00 million, with the same amount planned to be invested from the raised funds [4]. - New projects funded by excess raised funds total RMB 40,936.87 million, also fully covered by excess funds [4]. Reasons for Using Own Funds for Overseas Procurement - The company aims to enhance financial efficiency and reduce costs by using its own funds for overseas procurement, which aligns with the actual needs and operational practices [5][6]. - Unified procurement strategies necessitate the use of own funds to streamline payment processes and improve management efficiency [5][6]. Impact on the Company - The decision to use own funds for overseas procurement is expected to improve operational management efficiency and ensure the smooth progress of fundraising projects, benefiting the company and all shareholders [7]. Review and Decision-Making Process - The board of directors and the supervisory board approved the proposal on June 19, 2025, confirming that the decision complies with relevant laws and regulations [7][8]. Special Opinions - The supervisory board supports the decision, stating it facilitates daily management of raised funds and does not alter the intended use of the funds or harm shareholder interests [8]. - The sponsor has verified that the decision followed necessary approval procedures and complies with regulatory requirements [9].