Core Viewpoint - The company has approved the use of up to 400 million RMB of temporarily idle raised funds for cash management and to store raised funds in the form of agreed deposits, effective for 12 months from the board's approval date [1][16]. Group 1: Fundraising Overview - The company raised a total of 2,208.98 million RMB from its initial public offering (IPO) by issuing 73 million shares at a price of 30.26 RMB per share, with a net amount of 2,128.60 million RMB after deducting issuance costs [1]. - The funds have been fully received as of May 31, 2023, and are stored in a dedicated account as per regulatory requirements [1]. Group 2: Fund Usage Plan - The company plans to use 450 million RMB of the raised funds to increase capital in its wholly-owned subsidiary, Meike Tianma, for the development and industrialization of a high-pressure efficient plunger pump and its intelligent control system [2]. Group 3: Cash Management Details - The purpose of cash management is to enhance the efficiency of fund usage while ensuring that it does not affect the construction of investment projects [3]. - The cash management products will include low-risk options such as structured deposits, time deposits, large certificates of deposit, and broker yield certificates, with a maximum term of 12 months [4][6]. - The cash management will be authorized to the management team, who will oversee the execution and decision-making process [7]. Group 4: Agreed Deposit Storage - The company will store the remaining balance of raised funds in agreed deposits to increase storage returns while ensuring that it does not affect the normal implementation of investment projects [10]. Group 5: Impact on Daily Operations - The use of temporarily idle raised funds for cash management will not affect the normal progress of investment projects and is expected to improve overall company performance and shareholder returns [11][12]. Group 6: Compliance and Oversight - The company will comply with relevant regulations and ensure timely information disclosure regarding cash management activities [8][15]. - The sponsor has confirmed that the cash management plan adheres to legal procedures and will not impact the company's investment plans [17].

Core Viewpoint - The construction of the second phase of the Tianma Intelligent Control Industrial Base in Shunyi District has commenced, focusing on the development and industrialization of high-pressure efficient plunger pumps and their intelligent control systems, with a total investment exceeding 400 million yuan and a planned completion by the end of 2027 [1] Company Overview - Beijing Tianma Intelligent Control Technology Co., Ltd., established in July 2001, specializes in the research, production, sales, and service of unmanned intelligent mining control technologies and equipment for coal mines [1] - The company aims to enhance safety and efficiency in coal mining operations, liberating workers from hazardous environments and creating greater value for coal enterprises [1] Project Details - The project will cover a total construction area of 52,000 square meters and will include the establishment of standard factories, corridors, and warehouses [1] - The initiative focuses on four core tasks related to research and industrial incubation, emphasizing the creation of a low-carbon ecological park characterized by intelligence, greenness, and efficiency [1] Achievements and Recognition - The company has received multiple honors, including being recognized as a National Key Laboratory, a National High-tech Enterprise, and a National Technology Innovation Demonstration Enterprise [1] - It has also been acknowledged as a benchmark enterprise in the creation of world-class professional leading enterprises and a model for management among state-owned key enterprises [1]

Core Viewpoint - The construction of the second phase of the Tianma Intelligent Control Industrial Base in Shunyi District has commenced, focusing on the development and industrialization of high-pressure efficient plunger pumps and their intelligent control systems [1][3]. Group 1: Project Overview - The total investment for the project exceeds 400 million yuan, with a planned total construction area of 52,000 square meters, and is expected to be completed by the end of 2027 [5]. - The project aims to strengthen the company's strategic layout in the high-end equipment manufacturing sector and enhance its core competitiveness in the field of intelligent mining technology [5][11]. Group 2: Project Features - The project will include the construction of standard factories, corridors, and warehouses, focusing on four core tasks related to research and industrial incubation of high-pressure efficient plunger pumps and intelligent control systems [7]. - The initiative is designed to create a low-carbon ecological park characterized by "intelligent, green, and efficient" attributes [7]. Group 3: Company Background - Beijing Tianma Intelligent Control Technology Co., Ltd. was established in July 2001 and specializes in the research, production, sales, and service of intelligent mining control technologies and equipment [11]. - The company has received numerous honors, including being recognized as a national high-tech enterprise and a national technology innovation demonstration enterprise [11]. Group 4: Project Support - Various departments in Shunyi District have coordinated efficiently to facilitate the project's progress, ensuring a solid foundation for its successful commencement [12]. - The Zhongguancun Shunyi Park will continue to support the project in terms of resource allocation and market expansion to ensure timely completion and operational effectiveness [12].