Core Viewpoint - The company has decided to terminate the fundraising project for the "Lithium Battery Energy Storage Cabinet Fire Prevention and Inerting Explosion Suppression System Expansion Project" due to adverse market conditions and to optimize resource allocation [4][5][7]. Fundraising Overview - The company raised a total of RMB 91.63 million by issuing 2.93 million shares at RMB 31.27 per share, with net proceeds amounting to RMB 86.10 million after deducting underwriting and advisory fees [1][2]. - The total investment for the terminated project was RMB 115.35 million, with RMB 84.66 million planned to be funded from the raised capital [2][4]. Project Investment Status - As of August 10, 2025, only RMB 1.99 million (2.35% of the planned amount) has been invested in the project, which included the purchase of some production equipment [4][5]. - The project faced challenges due to declining prices in the energy storage system market, leading to reduced profit margins and increased competition [4][5]. Future Use of Remaining Funds - The remaining funds will continue to be held in a dedicated account, with plans to seek new projects that align with the company's core competencies in energy storage and low-altitude economy [5][6]. - The company aims to ensure efficient use of the remaining funds through thorough market research and compliance with regulatory requirements [5][6]. Impact of Project Termination - The decision to terminate the project is expected to have no significant adverse effects on the company's normal operations and is seen as a strategic move to enhance the efficiency of fund utilization [5][7]. - The board believes that this decision aligns with the company's long-term development needs and will help maintain shareholder interests [7]. Board Review and Approval - The board has reviewed and approved the termination of the fundraising project, which will be submitted for shareholder approval at the upcoming extraordinary general meeting [6][7]. - The sponsor institution has confirmed that the procedures followed are in compliance with relevant regulations [7].

Summary of Key Points Core Viewpoint - Guoanda Co., Ltd. has reported on the status of its fundraising for the first half of 2025, detailing the amount raised, its usage, and the management of the funds. Group 1: Fundraising Overview - The company raised a total of RMB 91.63 million by issuing 2.93 million shares at RMB 31.27 per share, with net proceeds amounting to RMB 84.66 million after deducting underwriting and other fees [1] - The funds were deposited into a regulatory account on April 4, 2023, and verified by Tianjian Accounting Firm [1] Group 2: Fund Usage and Balance - As of the reporting period, the net amount of funds raised was RMB 84.66 million, with RMB 1.97 million allocated to project investments and RMB 0.00 for the current period [2] - The total interest income accrued was RMB 3.62 million, leading to an actual balance of RMB 87.74 million, which includes RMB 174,190 in a dedicated account and RMB 86 million in structured deposits [2][5] Group 3: Fund Management - The company has established a management system for the funds in compliance with relevant laws and regulations, ensuring efficient use and protection of investor interests [3] - A tripartite agreement was signed with Huayuan Securities and Ping An Bank to clarify the rights and obligations of all parties involved in the fund management [4] Group 4: Project Status and Adjustments - The company has not encountered any abnormal situations regarding the investment projects funded by the raised capital, and there are no significant issues in fund usage and disclosure [5][6] - The project for the lithium battery storage cabinet fire prevention and inerting system expansion has been delayed due to external market conditions, and the company plans to terminate this project while reallocating the remaining funds to a dedicated account [6]

Core Viewpoint - The company has decided to terminate the fundraising project for the "Lithium Battery Energy Storage Cabinet Fire Prevention and Inerting Explosion Suppression System Expansion Project" and will continue to manage the remaining raised funds in a dedicated account [1][5][6] Fundraising Overview - The company raised a total of RMB 91.63 million by issuing 2.93 million shares at RMB 31.27 per share, with net proceeds amounting to RMB 86.10 million after deducting underwriting and advisory fees [1][2] - The total investment for the terminated project was RMB 115.35 million, with RMB 84.66 million planned to be funded from the raised capital [3] Project Investment Status - As of August 10, 2025, only RMB 1.99 million had been invested in the project, representing a progress rate of 2.35% [3][4] - The project faced challenges due to declining prices in the energy storage system market, which compressed profit margins and intensified competition [4] Reasons for Termination - The decision to terminate the project was based on external market conditions and the company's assessment of resource allocation efficiency, aiming to optimize the use of raised funds and ensure better investment returns [4][5] Future Fund Management - Remaining funds will be kept in the original dedicated account, and the company plans to seek new projects that align with its existing business and have good market prospects [4][5] Impact on the Company - The termination of the project is not expected to adversely affect the company's normal operations and is seen as a strategic move to enhance overall operational efficiency and safeguard shareholder interests [5][6] Board and Sponsor Review - The board has approved the termination of the project, and the decision will be submitted for approval at the upcoming shareholder meeting [5][6]

Core Viewpoint - The report highlights the financial performance and strategic positioning of Guoanda Co., Ltd. in the specialized equipment manufacturing industry, particularly in fire safety equipment, amidst a growing market driven by technological advancements and regulatory support [1][2]. Financial Performance - The company's operating revenue for the first half of 2025 was approximately 136.61 million yuan, representing a decrease of 8.92% compared to 149.99 million yuan in the same period of 2024 [4]. - The net profit attributable to shareholders was reported at 34,156 yuan, a significant increase of 100.57% from a loss of approximately 5.97 million yuan in the previous year [4]. - Basic and diluted earnings per share improved by 140.43%, reaching 0.0113 yuan per share [4]. - Total assets at the end of the reporting period were approximately 936.87 million yuan, a slight decrease of 0.49% from 941.44 million yuan at the end of the previous year [4]. Industry Overview - The fire safety equipment manufacturing industry is crucial for public safety and is experiencing a transformation towards smart and automated solutions, driven by increasing demand for high-quality fire safety products [5][6]. - The industry is characterized by a fragmented market with many small players, leading to intense competition and a need for innovation and differentiation [5]. - The global shift towards "smart fire safety" technologies is enhancing response and rescue efficiency, integrating IoT, big data, and AI into fire management systems [5][6]. Business Development - The company is focusing on the electric power grid fire safety sector, which is critical for the safe operation of energy infrastructure, especially in the context of the ongoing energy transition [6][7]. - Significant investments in the electric grid by national utilities are expected to create substantial market opportunities for fire safety solutions [7][8]. - The company is involved in several national and provincial projects aimed at developing advanced fire safety technologies, including smart firefighting robots and eco-friendly fire extinguishing agents [8][9]. Product Innovation - The company has developed a range of innovative fire safety products, including automatic fire extinguishing systems for transformers and lithium battery storage cabinets, which address specific industry challenges [17][19]. - The transformer fixed automatic fire extinguishing system utilizes advanced detection technologies to provide real-time monitoring and rapid response capabilities [18]. - The lithium battery fire prevention system employs a multi-level protection strategy, significantly enhancing safety in energy storage applications [19][20]. Market Trends - The Chinese fire emergency market is projected to exceed 612 billion yuan by 2025, with a compound annual growth rate of 15%-20%, driven by policy support and increasing public safety awareness [13]. - The company is adapting its sales strategies and product offerings to meet the evolving demands of the market, emphasizing technological innovation and customer engagement [13][14].

Core Viewpoint - Guoanda Co., Ltd. has released a special report on the use and storage of raised funds for the first half of 2025, indicating effective management and no significant issues in fund usage [1] Fundraising and Financial Summary - In April 2023, the company raised a net amount of 84.6577 million yuan by issuing 2.9302 million shares to specific targets [1] - As of the end of the reporting period, the total project investment was 1.9747 million yuan, with net interest income of 3.6183 million yuan [1] - The expected balance of unallocated funds is 86.3013 million yuan, while the actual balance is 87.7419 million yuan [1] Fund Management and Project Status - The company has established a "Fund Management System" and signed relevant regulatory agreements [1] - During the reporting period, there were no abnormal issues with the investment projects, and the usage and disclosure of funds were without major problems [1] - The "Lithium Battery Energy Storage Cabinet Fire Prevention and Inerting Explosion Suppression System Expansion Project" is proposed to be terminated due to external environment and market changes, as well as existing capacity meeting demand [1]

4月18日晚间，科大智能发布公告称，公司及子公司数字能源与宁波宇格及宁波博勒签订的《投资合作协议》终止，同时数字能源将以245万元价格 收购 宁波宇格及宁波博勒持有的上海安能佳业储能技术有限公司 合计49% 股权。收购完成后，安能佳业将成为数字能源的全资子公司。 插播 ：拒绝鱼龙混杂， 让优质项目脱颖而出！"2024-2025用户侧储能项目TOP10榜单"征集进行中。点击 "阅读原文" 进行申报 终止投资合作、项目延期……近期，由于复杂的市场环境，3家储能相关上市企业公告，表示将募投项目延期或是终止投资合作协议，纵观他们出现 调整的原因，外部环境变化成为主因。 根据公告，安能佳业主要从事储能等相关业务，据原《投资合作协议》约定，合资方（宁波宇格、宁波博勒）主要负责安能佳业储能产品的海外市 场销售。双方此前合作意在结合合资方在海外的市场资源和渠道优势，快速推进公司储能相关数字能源业务在海外市场的布局以尽快抢占海外市 场。 公告指出， 由于受市场变化、海外储能相关产品库存压力较大导致产品价格持续走低等因素，海外市场开拓不及预期 。经各方充分友好协商，决定 终止相关合作，数字能源按照合资方原始出资额收购其持有的安能 ...

Core Viewpoint - The company specializes in fire prevention and control technologies, focusing on various sectors including power grids, energy storage, and new energy vehicles, with a strong emphasis on innovation and technology development [6][7][25]. Company Overview - The company is a national high-tech enterprise engaged in fire prevention and control, with over ten years of experience in research and application of fire detection and suppression technologies [6][7]. - It has developed ten core technologies, including high-efficiency fire extinguishing technology for ultra-high voltage transformers and early fire detection technology for energy storage stations [6][7]. Business and Product Introduction - The company offers a range of fire prevention products tailored to meet the growing demands in various sectors, including electric power, energy storage, and new energy vehicles [6][7][8]. - Key products include automatic fire extinguishing systems for transformers, lithium battery storage cabinets, and intelligent fire extinguishing systems for electric bicycle parking areas [9][10][11][12][13][14][15][16]. Operating Model - The company has established a continuous innovation mechanism and collaborates closely with industry research institutions to maintain technological competitiveness [19][24]. - It employs a direct sales model primarily, supplemented by distribution for non-installation customers [22]. Performance Drivers - The company's business is driven by technological innovation and the ability to meet specific market needs through customized solutions [23][24]. - It has built a large-scale fire prevention technology research base and actively participates in national key research projects [23][24]. Financial Data - The company has undergone adjustments to its accounting data based on its capital increase plan, which involves a stock dividend distribution [26].