Fundraising Plan - The company plans to raise up to RMB 300 million through a simplified procedure for specific investors, with the total amount not exceeding 20% of the net assets at the end of the previous year [1] - The raised funds will be allocated to projects related to the company's main business, including the construction of high-performance functional adhesive film materials, new energy battery current collector materials, and supplementing working capital [1] Project Overview and Feasibility Analysis High-Performance Functional Adhesive Film Material Project - The project aims to build an annual production capacity of 28.8 million square meters of high-performance hot-melt adhesive film materials, with a total investment of RMB 76.73 million, of which RMB 75 million will be funded by the raised capital [2][3] - The project aligns with the growing demand in downstream markets, particularly in sectors such as textiles, packaging, medical, 3C electronics, home appliances, and new energy vehicles, indicating significant market potential [2][3] New Energy Battery Current Collector Material Project - This project will establish an annual production capacity of 7,200 tons of new energy battery current collector materials, with a total investment of RMB 76.12 million, utilizing RMB 70 million from the raised funds [11][12] - The project is positioned to capitalize on the long-term growth opportunities in the new energy lithium battery industry, with projected sales of new energy vehicles in China expected to reach 12.16 million units in 2024, a year-on-year increase of 37.1% [11][12] Operational Capacity and Market Demand - The company has reached its production capacity limits and plans to enhance production capabilities through the introduction of automated equipment and new production lines to meet the increasing business demands [4][5] - The high-performance hot-melt adhesive film materials are increasingly used in automotive electronics and new energy vehicles, driven by trends in electrification and digitalization [3][4] Technological Strength and Innovation - The company has established a comprehensive technology system, including PET/PI film formulation design and precision coating processes, which supports product innovation and market competitiveness [6][7] - The company has received multiple honors, including being recognized as a national high-tech enterprise, which underscores its strong technical capabilities and innovation potential [5][6] Customer Base and Management - The company has built a solid customer base, including major global brands such as Samsung and Foxconn, which enhances its market position and supports the digestion of project capacity [8][9] - The company has a well-established management team and internal control systems that ensure effective project execution and operational stability [9][10] Financial Impact and Strategic Alignment - The fundraising will enhance the company's capital structure, improve asset quality, and support business expansion, thereby increasing profitability and shareholder returns [21][24] - The projects align with national industrial policies and the company's long-term strategic development, indicating a positive outlook for market prospects and economic benefits [24]