Core Viewpoint - The company plans to issue shares to specific investors to raise a total of up to RMB 1,291.99 million, which will be used for capital expenditures related to energy-saving and green hydrogen production projects, aligning with national policies on carbon neutrality and clean energy development [4][5][10]. Group 1: Issuance Details - The share issuance plan has been approved by the company's board and will require further approval from the shareholders' meeting and regulatory bodies [2][39]. - The issuance will target no more than 35 specific investors, including various financial institutions and qualified investors, who will subscribe in cash at the same price [2][26]. - The final issuance price will be set at no less than 80% of the average trading price over the 20 trading days prior to the pricing date [3][29]. Group 2: Fund Utilization - The total amount raised will be allocated entirely to capital expenditures for specific projects, with non-capital expenditures covered by the company’s own funds [5][33]. - The projects funded will focus on energy-saving and green hydrogen production technologies, which are crucial for achieving carbon neutrality goals [10][21]. - The company aims to enhance its production capacity in energy-saving equipment and green hydrogen technologies, which are expected to see significant market demand [21][22]. Group 3: Market Context and Policy Support - The global trend towards low-carbon energy solutions is reinforced by national policies aimed at achieving carbon neutrality, with significant investments in energy-saving and hydrogen technologies [9][11]. - The company is positioned to benefit from the growing market for energy-efficient technologies and green hydrogen production, supported by favorable government policies and increasing demand [14][15]. - The development of advanced technologies in energy-saving and hydrogen production is expected to lower costs and improve economic viability, enhancing the company's competitive edge [17][20].