Summary of Key Points Core Viewpoint The company, Yihai Kerry Arawana Holdings Co., Ltd. (referred to as "the company"), has completed certain fundraising projects and decided to permanently supplement its working capital with the remaining funds. This decision is based on the company's operational needs and aims to enhance the efficiency of fund utilization while complying with relevant regulations. Fundraising Basic Information - The company raised a total of RMB 1,393,349.03 thousand through its initial public offering, with a net amount of RMB 1,369,293.81 thousand after deducting issuance costs [1][2]. - The funds were deposited in a dedicated account and managed according to regulatory requirements [3][4]. Fund Usage and Balance - As of June 30, 2025, the company has utilized RMB 11,527,831 thousand of the raised funds, with a remaining balance of RMB 2,486,392 thousand [2][3]. - The remaining funds include interest income and investment returns, with RMB 165,003.51 thousand in the dedicated account [5][6]. Completion of Fundraising Projects - The company has completed several fundraising projects, including the "Yihai Kerry Grain and Oil Processing Port Comprehensive Project" and various processing projects in Hefei and other locations [6][7]. - The total investment for these projects was RMB 3,452,938 thousand, with a cumulative investment of RMB 3,365,099 thousand, resulting in a surplus of RMB 94,373.55 thousand [7]. Reasons for Fund Surplus - The surplus in fundraising was attributed to strict adherence to management regulations, effective cost control, and efficient project execution [7][8]. Plan for Surplus Fund Usage - The company plans to use the surplus funds to permanently supplement its working capital, supporting its production and operational needs [8]. Impact of Surplus Fund Usage - The decision to use surplus funds for working capital is seen as beneficial for improving fund utilization efficiency and aligns with the company's long-term development goals [8][9]. Review Procedures and Opinions - The board of directors and the supervisory board have unanimously agreed on the decision to conclude the fundraising projects and utilize the surplus funds, confirming compliance with legal and regulatory requirements [9][10].