Summary of Key Points Core Viewpoint - The report outlines the fundraising activities and the management of raised funds by Zhuzhou Times New Material Technology Co., Ltd. for the first half of 2025, indicating that all raised funds have been received and are being managed according to regulatory requirements [2][5]. Fundraising Basic Situation - The company raised a total of RMB 1,289,370,062.47 through a specific stock issuance at a price of RMB 12.18 per share, with all funds received by June 26, 2025 [2][3]. - As of June 30, 2025, the balance of the fundraising account was RMB 1,290,899,998.65, with no funds utilized yet [3][4]. Fund Management Situation - The company has established a fundraising management system in compliance with relevant regulations to ensure efficient use and management of the funds [3][4]. - A tripartite/four-party supervision agreement for the fundraising account was signed with various banks and the sponsor institution on July 9, 2025 [3][4]. Actual Use of Fundraising - No funds have been used for any projects or operational expenses as of the reporting date [5][6]. - There were no instances of using idle funds for temporary working capital or cash management during the reporting period [5][6]. Changes in Fundraising Projects - There were no changes to the fundraising projects or any external transfers or replacements of projects during the reporting period [6][7]. Issues in Fund Use and Disclosure - The company has adhered strictly to legal and regulatory requirements in managing and disclosing the use of raised funds, with no violations reported [6][8].

Group 1 - The company, Zhuzhou Times New Material Technology Co., Ltd., has raised a net amount of RMB 1,289,370,062.47 through a specific stock issuance approved by the China Securities Regulatory Commission [1] - The company and its subsidiary, Bogo Rubber Plastic (Wuxi) Co., Ltd., have established special accounts for the raised funds, in compliance with relevant regulations [1][2] - The special account storage agreements were signed on July 9, 2025, with multiple banks and the sponsor institution, Guojin Securities Co., Ltd. [1][2] Group 2 - The total balance of the special accounts opened by Bogo Wuxi is currently 0, as all raised funds are still held in the parent company's account [3] - The three-party and four-party regulatory agreements stipulate that the raised funds must be used solely for designated projects, including innovation centers and clean energy equipment enhancement [4][6] - The agreements also outline the responsibilities of the parties involved in monitoring and managing the use of the raised funds, ensuring compliance with legal and regulatory requirements [5][7]