Core Viewpoint - The company has approved the completion of several fundraising projects and will permanently supplement its working capital with the remaining funds from these projects [1][8]. Fundraising Overview - The company raised a total of RMB 362.15 million from its initial public offering, with a net amount of RMB 313.72 million after deducting various fees [1][2]. - The funds were verified by an accounting firm and managed in a dedicated account [2]. Fundraising Project Details - The company has completed the following projects: Smart Distribution Network Monitoring System Upgrade, Smart Vending Control System Upgrade, R&D Center Construction, Smart Low Voltage Distribution Solution R&D, and Smart Vehicle Networking System R&D [1][4]. - The total investment for these projects was RMB 281.08 million, with RMB 263.35 million allocated from the raised funds [2][4]. Surplus Fund Usage - The company plans to use the surplus funds of RMB 29.52 million (including interest income) to permanently supplement its working capital for daily operations [7][8]. - The surplus was primarily due to effective cost control and efficient project management, which reduced expenditures [7]. Approval Process - The decision to conclude the fundraising projects and reallocate the surplus funds was approved by the company's board and supervisory board [8][9]. - The supervisory board and the sponsor institution both expressed that this decision would enhance the efficiency of fund usage and would not adversely affect the company's operations [8][9].