Core Viewpoint - The company intends to utilize temporarily idle raised funds for cash management to enhance fund efficiency and returns while ensuring that it does not affect the construction of investment projects and normal operations [1][3][7] Fundraising Basic Situation - The company was approved to publicly issue 22,750,000 shares at a price of RMB 40.00 per share, raising a total of RMB 910 million, with a net amount of RMB 834,035,778.55 after deducting underwriting fees and other related costs [1][2] Fund Investment Project Basic Situation - The raised funds will be allocated to various projects, including: - High-power ultra-low nitrogen gas boiler industrialization project with an investment of RMB 54,679.78 million - Ultra-low nitrogen steam boiler industrialization project with an investment of RMB 28,171.97 million - Supplementing working capital of RMB 20 million - The total investment amount is RMB 163,484.80 million, with adjusted amounts totaling RMB 153,618.65 million [2] Cash Management Situation - The purpose of cash management is to improve the efficiency of raised fund usage and increase returns without impacting project construction [3] - The cash management will involve temporarily idle raised funds, with a limit of up to RMB 400 million, valid for 12 months from the board's approval [3][5] Implementation and Risk Control - The company will invest in high-security, liquid financial products, ensuring that these funds are not used for pledging or securities investment [4][5] - The board has authorized the chairman to sign relevant contracts within the approved limits, with the finance department responsible for implementation [5][6] Supervisory and Sponsor Opinions - The supervisory board agrees that the cash management aligns with regulations and does not affect project implementation or fund usage plans, ensuring fund safety and efficiency [6][7] - The sponsor institution confirms that the cash management plan has followed necessary procedures and does not harm the interests of the company or its shareholders [7]

Core Concept - The article highlights the successful implementation of the "Two Mountains" concept in Zhejiang Province, emphasizing the integration of ecological preservation with economic development through innovative financial support and green initiatives [1][8]. Group 1: Green Financial Initiatives - Agricultural Bank of China (ABC) Zhejiang Branch has significantly increased its green credit balance to 691 billion yuan by June 2025, with an increase of over 94 billion yuan since the beginning of the year [1]. - ABC has provided over 9 billion yuan in credit support for the development of ecological tourism projects, such as the "Cloud Grassland" project, which attracts over 1 million visitors annually [2][3]. - The bank has also introduced innovative loan products like "Lake Sheep Facility Loan" to support low-carbon transformation in agriculture, resulting in an annual sales revenue of 200,000 yuan from organic fertilizers [4][5]. Group 2: Industry Transformation and Employment - The "Cloud Grassland" project has created over 6,000 direct and indirect jobs, boosting local businesses such as boutique hotels and specialty shops [3]. - ABC's financial support has enabled companies like Lijun Thermal Equipment Co., Ltd. to achieve significant advancements in green technology, including the development of ultra-low nitrogen gas boilers [6][7]. - The bank has established supply chain financing for nearly 300 green core enterprises, facilitating the transition of 600 to 700 downstream companies towards green technologies [7]. Group 3: Circular Economy and Resource Recovery - Aerospace Guohua Resource Recycling (Huzhou) Co., Ltd. has received tailored financial support from ABC, enabling it to process 70,000 tons of organic solvents annually, contributing to the lithium battery industry [8]. - The financial backing from ABC has allowed the company to create a closed-loop system for resource recovery, enhancing sustainability in the green industry [8].