Group 1 - The company, Chongde Technology, announced on November 11 that its fundraising projects include the construction of a high-efficiency production line for 30,000 sets of high-precision sliding bearings, a research and development center, the industrialization of high-speed permanent magnet motors and generators, and the supplementation of working capital [2][3] - All fundraising projects are progressing normally, and specific details can be found in the company's designated media reports on the status of the raised funds [2]