Core Viewpoint - The report outlines the fundraising activities and financial management of Suzhou Minxin Microelectronics Technology Co., Ltd., detailing the total amount raised, its usage, and the management of idle funds [1][2][7]. Fundraising Overview - The total amount raised through the issuance of shares to specific investors is RMB 12,306.84 million, with all funds received as of November 7, 2023 [1]. - The company has a remaining balance of RMB 9,465.78 million in raised funds as of June 30, 2025 [1]. Fund Usage and Management - The company has invested RMB 3,174.07 million from the raised funds, with an additional RMB 727.74 million utilized in the current period [7]. - A total of RMB 470,561.29 (excluding VAT) was approved to replace self-raised funds used for issuance expenses [2]. - No idle funds were temporarily used to supplement working capital as of June 30, 2025 [2]. Cash Management of Idle Funds - The company has approved the use of up to RMB 90 million of temporarily idle funds for cash management, focusing on safe and liquid financial products [2]. Investment Projects - The company has not changed the use of raised funds for investment projects, and there are no instances of using excess funds for ongoing or new projects [5][6]. - The company has provided interest-free loans to its wholly-owned subsidiary for project implementation, ensuring funds are allocated according to project needs [5]. Compliance and Reporting - The company has adhered to relevant regulations and guidelines regarding the management and disclosure of raised funds, ensuring all information is accurate and timely [6][7].