Group 1 - The company New Oriental New Materials Co., Ltd. plans to invest 18 million yuan in Suzhou First Element Nanotechnology Co., Ltd. through convertible bonds [2] - The investment aims to expand the production capacity of First Element's CNTP (nano carbon fiber) and ensure the supply of raw materials for the joint venture [2] - The registered capital of the joint venture, Carbon Nest Technology (Tengzhou) Co., Ltd., is set at 100 million yuan, with New Oriental contributing 30 million yuan for a 30% stake [2] Group 2 - The company reported projected revenues of 436 million yuan, 81.83 million yuan, and 174 million yuan for the years 2024 to Q2 2025, reflecting year-on-year growth rates of 10.81%, -7.50%, and -5.06% respectively [3] - The net profit attributable to the parent company for the same period is expected to be 13.96 million yuan, 2.95 million yuan, and 654,400 yuan, with year-on-year changes of -73.17%, 13.27%, and -88.48% respectively [3] - The company's asset-liability ratios for the same periods are 19.58%, 15.97%, and 15.35% [3]

Core Viewpoint - The company, Dongfang Materials (603110.SH), plans to invest 18 million RMB in Suzhou First Element Nanotechnology Co., Ltd. through a convertible debt arrangement, aiming to eventually acquire equity in the company [1] Investment Details - The investment will be made in the form of a convertible debt, with the goal of converting to equity upon meeting specified conditions [1] - The company will also enter into a capital and shareholder agreement to establish a joint venture with a registered capital of 100 million RMB, where Dongfang Materials will contribute 30 million RMB for a 30% stake [1] - The joint venture, tentatively named Carbon Nest Technology (Tengzhou) Co., Ltd., aims to expand the production capacity of First Element's CNTP (nano carbon fiber) [1] Funding and Security Measures - Before the conversion conditions are met, First Element is required to disclose the detailed use of the special funds to the company [2] - The company has the right to require First Element to pledge equipment or raw materials purchased with the special funds as collateral, which will be released upon conversion [2]