Core Viewpoint - The company plans to temporarily use up to RMB 40 million of idle raised funds to supplement working capital without affecting the planned use of raised funds for investment projects [1][4][5] Summary by Sections Fundraising Overview - The company was approved to publicly issue 40,000,800 A shares at a price of RMB 19.20 per share, raising a total of RMB 768.0154 million, with a net amount of RMB 700.9311 million after deducting issuance costs [1][2] Fund Management - All raised funds have been deposited into a special account approved by the board, and a tripartite/four-party supervision agreement has been signed with the sponsor and the bank [2] Investment Project Adjustments - Due to the net amount raised being lower than the planned investment amounts, the company adjusted the funding allocations for various projects, including: - High-efficiency solar cell equipment expansion: adjusted from RMB 114.0931 million to RMB 78.4717 million - New materials expansion and automation upgrade: adjusted from RMB 126.7900 million to RMB 52.5744 million - R&D center and information technology construction: adjusted from RMB 217.7860 million to RMB 86.0793 million - Working capital: adjusted from RMB 500 million to RMB 346.5000 million [2] Temporary Use of Idle Funds - The company intends to use up to RMB 40 million of idle raised funds for working capital for a period not exceeding 12 months, ensuring that this does not affect the ongoing investment projects [3][4] Approval Process - The board and supervisory board approved the use of idle funds in meetings held on August 11, 2025, confirming that this action will not impact the planned use of raised funds [4][5] Opinions from Supervisory Board and Sponsor - The supervisory board supports the temporary use of idle funds, stating it will enhance fund efficiency and lower operational costs without affecting ongoing projects [5] - The sponsor agrees that the use of idle funds will not alter the direction of raised funds and is in the best interest of the company and shareholders [5]