Core Viewpoint - The company plans to hold its first extraordinary shareholders' meeting on January 7, 2026, to discuss two key proposals regarding investment and capital structure adjustments [1] Group 1: Investment Plans - The company intends to increase the total investment for the "automation equipment expansion project in the new energy industry" from 746.228 million to 1 billion yuan, which involves adding implementation locations and adjusting the internal investment structure [1] Group 2: Subsidiary Capital Increase - The company's subsidiary, Bozhong Instruments, plans to raise capital by introducing new investors, which will result in it becoming an associate company and no longer being included in the consolidated financial statements [1] - As of the announcement date, Bozhong Instruments has a loan of 20.4 million yuan outstanding, with an annual interest rate of 2.5%, due by December 31, 2027; this loan will become a financial support obligation for the company after the capital increase [1]

Core Viewpoint - The company is increasing its investment in the "New Energy Industry Automation Equipment Expansion Project" to meet customer demand and adapt to industry technological advancements [2][3][4] Group 1: Investment Details - The total investment for the project will increase from 74,622.83 million yuan to 100,000 million yuan, with an additional investment of 25,377.17 million yuan sourced entirely from the company's own and self-raised funds [3] - The planned use of raised funds remains unchanged at 43,917.59 million yuan, with cumulative investment from raised funds at 9,991.43 million yuan, representing a progress rate of 22.75% [2][3] Group 2: Project Location and Structure - The project will expand its implementation location to include a new site in Suzhou, which will address production needs for large battery swap stations and multi-layer liquid injection equipment [3] - The revised investment structure allocates funds as follows: land acquisition 4,608 million yuan, construction 56,994 million yuan, equipment purchase 14,954 million yuan, basic reserve fund 3,597.4 million yuan, and working capital 19,846.6 million yuan [3] Group 3: Strategic Rationale - The adjustment is a prudent decision based on actual project implementation and company development plans, aimed at optimizing resource allocation and ensuring the successful execution of the fundraising project [4]

Core Viewpoint - The company plans to expand its investment in the automation equipment for the new energy sector, increasing the total investment from 746 million to 1 billion yuan [1] Group 1: Project Expansion - The company intends to increase the investment amount for the "new energy industry automation equipment expansion project" [1] - The total investment for the project will rise from 746 million yuan to 1 billion yuan [1] - The project will now include a new implementation location in Suzhou, specifically in the Wujiang Economic and Technological Development Zone [1] Group 2: Investment Structure Adjustment - The company will adjust the internal investment structure of the fundraising project [1] - The new project location will be defined by specific geographical boundaries: east to the planned Innovation and Entrepreneurship Road, north to the existing parking lot, west to Tongjin Avenue, and south to Xingrui Road [1]

Fundraising Overview - In 2022, the company raised a total of RMB 999,999,990 by issuing 40,404,040 shares at a price of RMB 24.75 per share, with a net amount of RMB 982,949,093.27 after deducting issuance costs [1] - As of June 30, 2025, the balance of the fundraising account was RMB 40,524,489.26, with specific amounts held in various banks [2] Fund Management - The company has established a fundraising management system to ensure the proper use of raised funds, adhering to principles of regulation, safety, efficiency, and transparency [1] - A tripartite supervision agreement was signed with several banks to manage the fundraising account, ensuring compliance with regulatory requirements [2] Fund Utilization - As of June 30, 2025, the company has used RMB 30,000,000 of idle funds to temporarily supplement working capital, with a usage period not exceeding 12 months [3] - The company has not used any excess funds for permanent working capital or to repay bank loans during the reporting period [4] Project Status - The company has not changed the use of fundraising projects, and there are no significant issues in the management and disclosure of fundraising [4] - The company plans to extend the completion date for several projects, including the expansion of automation equipment in the new energy sector and the upgrade of automation equipment in the consumer electronics sector, to December 31, 2026, due to market conditions and strategic adjustments [5]