Core Viewpoint - The company plans to distribute a cash dividend of RMB 1.56 per 10 shares, amounting to a total of RMB 62,511,642.96, which represents 40.51% of the net profit attributable to shareholders for the first half of 2025 [20][44][47]. Group 1: Profit Distribution Plan - The company intends to distribute a cash dividend of RMB 1.56 per 10 shares (including tax) based on a total share capital of 400,715,660 shares as of June 30, 2025 [20][44]. - The total cash dividend amount is RMB 62,511,642.96, which is 40.51% of the net profit attributable to shareholders [20][47]. - The profit distribution plan requires approval at the upcoming second extraordinary general meeting of shareholders [46][48]. Group 2: Fundraising Project Adjustments - The company plans to extend the implementation deadlines for four fundraising projects due to current market conditions and project execution status [52][61]. - Adjustments will be made to the investment methods, total investment amounts, and internal investment structures of these projects, with a total of RMB 16,823.81 million allocated to a new project focused on inertial measurement units (IMU) [53][61]. - The new IMU project aims to develop high-precision products for applications in autonomous driving, commercial aerospace, and robotics [62]. Group 3: Corporate Governance and Meeting Details - The second extraordinary general meeting of shareholders is scheduled for September 5, 2025, and will utilize both on-site and online voting methods [4][5]. - The meeting will address several key resolutions, including the profit distribution plan and adjustments to fundraising projects [7][8]. - The company ensures that all meeting procedures comply with relevant laws and regulations, and all board members will be present [1][18].

Summary of Key Points Core Viewpoint - The company, Anhui Xindong Lian Ke Micro System Co., Ltd., is utilizing its own funds to pay for investment projects and will replace these expenditures with raised funds in an equal amount, which has been reviewed and approved by the sponsor and supervisory board [1][6]. Group 1: Fundraising Overview - The company has issued 55.21 million shares at a price of 26.74 RMB per share, raising a total of 1,476.32 million RMB, with a net amount of 1,354.36 million RMB after deducting issuance costs [1]. - The raised funds are stored in a special account approved by the company's board and are subject to a tripartite supervision agreement with the sponsor and the commercial bank [2]. Group 2: Investment Project Details - The total investment for the fundraising projects is 100 million RMB, with the same amount planned to be used from the raised funds [2][3]. - The company has approved changes to the investment projects, extending the implementation period and adjusting the investment structure to include a new project for the development and industrialization of Inertial Measurement Units (IMU) [2][3]. Group 3: Reasons for Using Own Funds - The company needs to use its own funds for certain expenditures due to regulatory requirements, such as salary payments and tax obligations, which cannot be processed through the fundraising account [4][5]. - The use of own funds allows for more efficient management of project payments, especially when dealing with multiple projects sharing the same location [5]. Group 4: Operational Process - The company will compile a detailed list of expenditures paid with its own funds and will subsequently transfer an equal amount from the fundraising account to replace these expenditures [5]. - Continuous supervision will be conducted to ensure compliance with the replacement process, with the company and the bank cooperating with the sponsor's inquiries [5]. Group 5: Impact and Approval - The use of own funds is expected to enhance the efficiency of fund utilization and will not affect the normal implementation of the investment projects [6]. - The board and supervisory committee have reviewed and approved the use of own funds for project payments, confirming that it aligns with regulatory requirements and does not alter the intended use of raised funds [6][7].

Core Viewpoint - The report details the fundraising activities and the actual usage of the raised funds by Anhui Xindong Link Micro System Co., Ltd. for the first half of 2025, ensuring compliance with regulatory requirements and highlighting the management of funds [1]. Fundraising Overview - The company raised a total of RMB 1,476.32 million by issuing 55.21 million shares at RMB 26.74 per share, with net proceeds amounting to RMB 1,354.36 million after deducting issuance costs of RMB 121.96 million [1]. - As of June 30, 2025, the actual balance of the raised funds, including interest income, was RMB 928.91 million [3]. Fund Usage and Management - The company has established a dedicated account for the management of raised funds, adhering to the regulations set forth by the relevant authorities [1][4]. - The funds were primarily used for direct investment in projects and to supplement working capital, with RMB 53.76 million directly invested in projects and RMB 73.86 million used to supplement working capital as of June 30, 2025 [2][3]. Cash Management - The company has approved the use of idle raised funds for cash management, with a limit of RMB 1,200 million, ensuring that this does not affect the progress of investment projects [6][8]. - As of June 30, 2025, the company had engaged in cash management activities with a total of RMB 600 million allocated for this purpose [8]. Fund Allocation and Project Status - The company has not changed the use of raised funds for investment projects, and there are no instances of using idle funds temporarily to supplement working capital [9][10]. - The company reported that it has not used any over-raised funds for new projects or to repay bank loans, maintaining compliance with regulatory requirements [9][10]. Compliance and Reporting - The company confirmed that its management and usage of the raised funds comply with the relevant laws and regulations, ensuring that there are no violations or misleading disclosures regarding the use of funds [10][11].

Core Viewpoint - The company plans to extend the implementation period of four fundraising projects and adjust the investment methods, total investment, and internal investment structure, while also introducing a new project focused on the development and industrialization of Inertial Measurement Units (IMU) [1][2][12]. Summary by Relevant Sections Fundraising and Project Overview - The company raised a total of 1,476.32 million RMB from its initial public offering, with a net amount of 1,354.36 million RMB after deducting issuance costs [2]. - The total planned investment for the fundraising projects remains unchanged at 1,000 million RMB [4]. Project Adjustments - The company will extend the deadlines for the following projects: - High-performance and industrial-grade MEMS gyroscope development and industrialization - High-performance and industrial-grade MEMS accelerometer development and industrialization - High-precision MEMS pressure sensor development and industrialization - MEMS device packaging and testing base construction [1][4]. - A total of 168.24 million RMB will be allocated to the new IMU development and industrialization project [1][12]. Reasons for Adjustments - The adjustments are made based on the current market environment and the company's development strategy, ensuring no impact on normal operations [4][12]. - The company has decided to change the implementation method for certain projects from "site purchase and renovation" to "site leasing" due to fluctuations in the real estate market since 2023 [4][7]. New Project Details - The new IMU project focuses on high-precision positioning and attitude sensing for applications in autonomous driving, commercial aerospace, and robotics [12][14]. - The total investment for the IMU project is planned at 168.24 million RMB, with a five-year construction period [13]. Market Context - The high-end IMU market is currently dominated by foreign companies, and there is a significant opportunity for domestic alternatives as the demand for high-precision sensors continues to grow [14]. - The company has established a comprehensive technology system covering MEMS chip design, process development, and packaging testing, ensuring core technology is self-controlled [14][15].

Core Viewpoint - The company has approved the use of its own funds to pay for investment project expenses during the implementation period, with plans to replace these funds with raised capital later, ensuring efficient use of funds and compliance with regulations [5][7][8]. Fundraising Overview - The company has successfully issued 55.21 million shares at a price of 26.74 RMB per share, raising a total of 1,477.5 million RMB [1][2]. - All raised funds are stored in a special account approved by the board, with a tripartite supervision agreement in place [2]. Investment Projects and Fund Usage - The total investment for the projects is 100 million RMB, with the same amount planned to be funded by the raised capital [2][4]. - The company has decided to extend the implementation period and adjust the investment structure of some projects, including the addition of a new project for the development and industrialization of Inertial Measurement Units (IMU) [2][3]. Reasons for Using Own Funds - The company needs to use its own funds for certain expenses due to regulatory requirements, such as salary payments and taxes, which cannot be paid from the raised funds account [5][6]. - Using own funds for shared expenses like rent and utilities simplifies the payment process, as multiple projects share the same location [5][6]. Impact on the Company - The decision to use own funds and later replace them with raised funds is expected to enhance the efficiency of fund usage and reduce financial costs without affecting the normal implementation of investment projects [7][8]. Approval Process - The board and supervisory committee have reviewed and approved the proposal, confirming that it aligns with relevant regulations and does not alter the intended use of raised funds [7][8][9].