Core Viewpoint - Del Shares (300473) has responded to the Shenzhen Stock Exchange's inquiry regarding the acquisition of assets and fundraising, focusing on the operational status and development prospects of Aizhuo Intelligent Technology (Shanghai) Co., Ltd. [1] Group 1: Performance and Growth - Aizhuo Intelligent's revenue is projected to grow from 216.33 million yuan in 2023 to 364.62 million yuan in 2024, representing a growth rate of 68.95%, significantly higher than the industry average of 15.98% [2] - The net profit attributable to the parent company is expected to increase by 65.42%, also surpassing the industry average of 26.48% [2] - The revenue growth is primarily driven by increased orders from major clients such as Jiangsu Changshu Automotive Trim Group Co., Ltd. and China FAW Group Co., Ltd. [2] - Aizhuo Intelligent's products are widely used in popular models from brands like Hongqi and Chery, with significant revenue contributions from specific models [2] Group 2: Cost and Efficiency - The average procurement cost of key raw materials has decreased due to changes in product revenue structure and procurement scale benefits [3] - Aizhuo Intelligent's sales expense ratio is lower than the industry average, attributed to a mature model for developing new clients and projects, along with a streamlined sales team [3] Group 3: Assessment and Forecast - The revenue assessment for key models is based on historical data and market conditions, ensuring a cautious and achievable forecast [4] - The projected decline in material cost ratio is justified by business scale growth and improved yield rates [4] - The company has sufficient capacity to meet forecasted demand without the need for additional capital expenditures [4] Group 4: Fundraising and Financial Stability - Del Shares plans to raise up to 83 million yuan from no more than 35 specific investors to support Aizhuo Intelligent's projects [5] - The company has alternative funding solutions in place, including self-funding and bank loans, to address any shortfall in fundraising [5] - The fundraising outcome will not adversely affect the transaction implementation or the company's financial status [5]