Fundraising Overview - The company raised a total of RMB 968,838,792.46 by issuing 17,904,986 shares at a price of RMB 54.11 per share, with a net amount of RMB 959,883,667.23 after deducting issuance costs [1][4] - As of June 30, 2025, the company has utilized RMB 374,779,675.63 of the raised funds, with a remaining balance of RMB 12,918,102.80 in the special account [1][4] Fund Management - The company has established six special accounts for managing the raised funds, ensuring compliance with relevant regulations and enhancing fund efficiency [1][4] - The total balance in the special accounts as of June 30, 2025, is RMB 12,918,102.80, which includes various deposits and interest income [1][4] Investment and Financial Products - The company has invested RMB 423,000,000.00 in financial products and RMB 170,000,000.00 in fixed-term deposits as part of its cash management strategy [5][6] - The company has generated interest income of RMB 111,783.69 and investment returns of RMB 556,539.74 from its financial products [5][6] Project Adjustments - The company has approved adjustments to the internal investment structure of several projects, including the "New Energy Vehicle High Voltage Power Supply and Electric Drive Power Chip R&D and Industrialization Project" [8] - The company has utilized self-owned funds and bills of exchange to cover project costs, with plans to replace these with raised funds later [8] Compliance and Reporting - The company has adhered to all relevant laws and regulations regarding the use and disclosure of raised funds, ensuring transparency and accuracy in its reporting [7][8] - There have been no violations in the use and disclosure of raised funds during the reporting period [7][8]

Core Viewpoint - The company has announced adjustments to the internal investment structure of its fundraising projects, focusing on R&D and industrialization in key technology areas [1] Group 1: Project Adjustments - The adjustments involve three main projects: "R&D and industrialization of high-voltage power supply and electric drive power chips for new energy vehicles," "R&D and industrialization of industrial-grade digital power management chips and supporting power chips," and "Suzhou R&D center project" [1] - For the new energy vehicle project, the investment in hardware, software, and IP acquisition has been reduced by 96 million yuan, while R&D expenses have increased by 96 million yuan [1] - The industrial-grade digital power management chip project has seen a reduction of 135 million yuan in hardware, software, and IP acquisition, with a corresponding increase of 135 million yuan in R&D expenses [1] - The Suzhou R&D center project has had a decrease of 26 million yuan in hardware, software, and IP acquisition, with R&D expenses increasing by 57 million yuan [1]