Fundraising Overview - The company raised a total of RMB 367,788,300.00 from its initial public offering, with a net amount of RMB 328,755,281.14 after deducting underwriting fees and other expenses [1] - The company conducted a non-public offering, raising RMB 379,999,974.64, with a net amount of RMB 367,978,823.17 after expenses [2] - A subsequent issuance to specific investors raised RMB 999,999,986.44, with a net amount of RMB 979,829,677.57 after deducting issuance costs [3] Fund Usage and Balance - As of December 31, 2024, the company directly invested RMB 21,235.14 million in fundraising projects, with a cumulative usage of RMB 85,473.87 million [4] - The company utilized RMB 20,000.00 million of idle funds for cash management, leaving a balance of RMB 61,472.86 million in dedicated accounts [4] Fund Management - The company established a fundraising management system to ensure the proper storage, approval, usage, and supervision of funds [5] - A tripartite supervision agreement was signed with the underwriter and banks to manage the dedicated fundraising accounts [5] Fund Investment Projects - The company approved the use of RMB 4,413.20 million of fundraising to replace pre-invested funds and cover issuance costs [11] - The company has not used idle funds for temporary working capital during the reporting period [12] Surplus Fund Usage - The company decided to permanently supplement working capital with surplus funds of RMB 4,498.80 million from completed projects [16][24] Other Fund Usage Situations - The company approved the use of RMB 8,200 million of fundraising to increase the registered capital of its subsidiary and provide loans for project implementation [17] Fund Project Changes - There were no changes to the fundraising investment projects during the reporting period [18] - No external transfers or replacements of fundraising investment projects occurred [19] Disclosure of Fund Usage - The company accurately disclosed the storage and usage of fundraising, with no significant issues identified [20]