Core Viewpoint - The company, Zhejiang Southeast Network Engineering Co., Ltd., has released its 2025 semi-annual report, highlighting its financial performance and future development plans, with no cash dividends or stock bonuses planned for the period [3][4]. Company Basic Information - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period [6]. - The company has no preferred shareholders or changes in preferred shareholder holdings during the reporting period [7]. Financial Data and Indicators - The company reported a total of 200,000 million RMB raised from the issuance of convertible bonds, with a net amount of 198,623.15 million RMB after deducting related expenses [20]. - As of June 30, 2025, the company has utilized 40,000 million RMB of idle raised funds to temporarily supplement working capital [21]. Important Matters - The company’s semi-annual report was approved by the board of directors with unanimous consent [9][10]. - The company has reported a total of approximately 79,637.81 million RMB in new litigation and arbitration cases, representing 12.25% of its audited net assets as of December 31, 2024 [26]. Fund Management - The company has established five special accounts for the management of raised funds, ensuring compliance with relevant regulations and protecting investor interests [22]. - The company has not encountered any significant issues regarding the use and disclosure of raised funds during the year [24].