Core Viewpoint - The company has approved the temporary use of idle raised funds to supplement its and its subsidiaries' working capital, with a total limit of up to RMB 398,554.25 million, for a period not exceeding 12 months from the date of board approval [2][10][48]. Group 1: Fund Usage - The decision to use idle raised funds is in accordance with regulatory requirements and does not conflict with the implementation of fundraising investment projects [3][18]. - The temporary use of these funds is aimed at improving the efficiency of fund utilization and is deemed reasonable and necessary, without harming the interests of the company and its shareholders, especially minority shareholders [3][18]. Group 2: Fundraising Background - The company raised a total of RMB 1,348,227.30 million through the issuance of shares, with a net amount of RMB 1,338,051.97 million after deducting issuance costs [10][35]. - The company has a history of using idle funds for working capital, with previous approvals for similar actions in 2024 [11][15]. Group 3: Corporate Governance and Future Plans - The company emphasizes enhancing shareholder returns and has implemented a "Quality Improvement and Efficiency Enhancement" action plan, which has shown initial success [23][24]. - Future strategies include focusing on core business areas, improving operational efficiency, and continuing to innovate in technology and product development [25][27].

Core Viewpoint - The company has implemented the "Quality Improvement, Efficiency Enhancement, and Return to Shareholders" action plan to enhance the quality of listed companies and increase investor returns, aligning with national policies and market conditions [1][8]. Group 1: Business Operations and Performance - The company focuses on seven types of power businesses, including gas, steam, and nuclear power, and has seen improved financial indicators due to a favorable shipbuilding market and cost management [1][2]. - The company has received multiple accolades, including an A-level rating for information disclosure for five consecutive years and various awards for investor relations management [2][3]. - The company plans to optimize its product structure and enhance international competitiveness while ensuring timely delivery of orders [2][3]. Group 2: Innovation and Development - The company emphasizes innovation-driven development, focusing on upgrading production capabilities and addressing key technological challenges [3][4]. - The company has successfully developed and applied the CGT25 gas turbine and conducted tests on the world's first methanol dual-fuel engine, contributing to low-carbon shipping [3][4]. Group 3: Shareholder Returns and Value Creation - The company has committed to maximizing shareholder interests, implementing a profit distribution plan that includes cash dividends exceeding 300 million yuan for 2024 [4][5]. - Since its listing, the company has distributed a total of 1.696 billion yuan in cash dividends and has repurchased shares worth 500 million yuan [4][5]. Group 4: Investor Relations and Communication - The company prioritizes transparent communication with shareholders and investors, utilizing various channels to convey company value and performance [5][6]. - The company's market value increased by nearly 40% from the end of 2023 to the end of 2024, reflecting enhanced recognition in the capital market [5][6]. Group 5: Governance and Compliance - The company adheres to legal regulations and continuously optimizes its governance structure to ensure compliance and operational integrity [6][7]. - The company has established a robust internal control system and emphasizes the importance of compliance training for key personnel [6][7]. Group 6: Future Outlook - The company aims to strengthen its innovation capabilities and enhance the conversion of technological achievements while addressing core technology challenges [3][6]. - The company will continue to implement a sustainable dividend strategy and explore various market value management initiatives to enhance shareholder returns [4][5].