Group 1 - The company raised a total of RMB 48,866.13 million through a non-public offering of shares, with the funds fully received by August 2015 [1] - As of June 30, 2025, the company has invested RMB 36,031.70 million of the raised funds, with an additional RMB 7,170.07 million accrued from interest and investment returns [1] - The company has temporarily invested RMB 12,000.00 million of the raised funds in bank wealth management products, with RMB 10,000.00 million still outstanding as of the end of the first half of 2025 [1] Group 2 - The company has established a dedicated management system for the raised funds, ensuring compliance with relevant regulations and maintaining transparency [1] - A tripartite supervision agreement has been signed with banks and securities firms to manage the dedicated fund accounts, ensuring proper oversight [1] - The company has not made any changes to the investment projects funded by the raised capital as of June 30, 2025 [1] Group 3 - The company reported that the actual investment in related projects for the first half of 2025 was RMB 3,850.88 million [1] - There have been no violations in the use and management of the raised funds, and the company has disclosed the usage status in a timely manner [1] - The company plans to optimize the progress of the North Sea Hotel renovation project, with an expected completion date now set for September 2025 due to various delays [2]