Fundraising Overview - The company raised a total of RMB 799,999,551.04 by issuing 13,331,104 shares, with a net amount available for use of RMB 785,238,867.98 after deducting issuance costs of RMB 14,760,683.06 [1] - As of June 30, 2025, the total amount of funds raised was RMB 799,999,551.04, with RMB 286,401,559.99 already utilized [1] Fund Utilization - The company has invested RMB 270,845,820.74 in fundraising projects, with RMB 173,379,023.89 being the amount spent in the current period [1] - The company temporarily idled RMB 330,000,000.00 for cash management investments, including RMB 300,000,000.00 in structured deposits [1][6] Fund Management - The company has established a special account storage system for the management of raised funds and signed tripartite and quadripartite supervision agreements with relevant banks and sponsors [2][3] - As of June 30, 2025, the remaining balance of the raised funds was RMB 7,223,132.13 [3] Cash Management - The company approved the use of up to RMB 60,000,000.00 of idle funds for temporary working capital, but as of June 30, 2025, no such funds had been utilized [4] - The company also approved the use of up to RMB 40,000,000.00 of idle funds for cash management, with a focus on high-security and high-liquidity products [4] Project Updates - The company has extended the timeline for the "High-Speed Communication Connector Component Production Project" to December 2026, with the addition of a new implementation entity [8] - There have been no instances of using excess funds for working capital or repaying bank loans as of June 30, 2025 [7]

Summary of Key Points Core Viewpoint - Dongguan Precision Technology Co., Ltd. plans to temporarily use part of its idle raised funds, not exceeding RMB 60 million, to supplement its working capital while ensuring that the investment projects funded by these raised funds are not affected [1][5][6]. Group 1: Fundraising Overview - The company received approval from the China Securities Regulatory Commission on October 9, 2022, for a specific issuance of shares, with the funds being managed in a dedicated account [1]. - The total amount raised is RMB 853.0552 million, with RMB 800 million allocated for investment projects [2]. Group 2: Temporary Use of Idle Funds - The company intends to use the idle funds for business expansion and daily operations, ensuring that it does not affect the progress of the investment projects [3]. - The planned use of funds will not exceed RMB 60 million and will be for a period not exceeding 12 months from the board's approval date [2][4]. Group 3: Approval Process - The board of directors approved the use of idle funds on May 14, 2025, confirming that the necessary legal procedures were followed [4][5]. - The supervisory board also approved the plan, stating that it aligns with regulatory requirements and will enhance the efficiency of fund usage [5][6]. Group 4: Sponsor's Verification - The sponsor, Dongguan Securities, confirmed that the use of idle funds complies with relevant regulations and will not change the intended use of the raised funds [6].