Fundraising Utilization Plan - The company plans to invest the raised funds in two main projects: "High-Density QFN/DFN Packaging Material Industrialization Project" and "R&D Center Expansion and Upgrade Project" with a total investment of 518.63 million yuan [1][2] - The total amount of funds raised, after deducting issuance costs, will be fully allocated to these projects [2] Fund Management System - The company has established a management system for the raised funds, which includes regulations on special account storage, usage, changes in fund purposes, management, and supervision [2] - The board of directors is responsible for the effective execution of the fundraising management system, ensuring that the funds are stored in a designated special account [2] Project Timeline and Progress - The construction period for the High-Density QFN/DFN Packaging Material Industrialization Project is 24 months, involving engineering design, civil engineering, equipment procurement, and trial operation [2] - The R&D Center Expansion Project has a construction period of 18 months, focusing on engineering design, renovation, and equipment installation [2] Environmental Impact - The High-Density QFN/DFN Packaging Material Industrialization Project will produce minimal wastewater and waste, with noise levels meeting national standards [3] - The R&D Center Expansion Project will primarily generate solid waste such as paper, with no significant environmental pollution expected during its operation [3]