Group 1 - The company, Chengbang Eco-Environment Co., Ltd., plans to issue shares to specific investors to raise funds for expanding its semiconductor storage business, which is expected to become its core business by 2025 [14][15][26] - The total amount to be raised from this issuance is not to exceed 129.38 million yuan, which is capped at 20% of the company's net assets as of the end of the previous year [5][24] - The funds will be used for projects including the expansion of embedded storage chip production capacity, focusing on products like LPDDR, EMMC, and SD NAND [30][31] Group 2 - The semiconductor industry is a strategic foundation for national technological independence and security, with significant government support for the storage segment [15][16] - The global semiconductor market is projected to grow to 697.1 billion USD in 2025, with the storage market expected to reach 167 billion USD, reflecting a growth rate of over 81% [15][16] - The company aims to enhance its competitiveness in the semiconductor storage sector by introducing advanced production equipment and expanding its product matrix [17][31] Group 3 - The company has completed a controlling investment in Chip Storage Technology, entering the semiconductor storage field, which aligns with its strategic shift towards dual main business areas: ecological environment construction and semiconductor storage [14][15] - The company reported a revenue of 347.89 million yuan in 2024, with semiconductor storage contributing over 110.59 million yuan, indicating a significant growth trajectory [14][15] - The issuance is expected to facilitate the acquisition of advanced equipment and the establishment of new production lines to enhance production capacity and operational performance in the semiconductor storage business [17][30]

Group 1 - The company plans to issue shares to specific investors to raise up to 12.938 million yuan to enhance its capital strength and profitability, driven by the need for business transformation in the face of industry challenges [1][4][6] - The company has shifted its focus towards the semiconductor storage sector, anticipating that revenue from this segment will surpass that of its ecological environment business by 2025 [2][3][4] - The semiconductor industry is a strategic foundation for national technological independence and is supported by various government policies, indicating a favorable environment for growth in the semiconductor storage sector [3][4] Group 2 - The funds raised will be used to purchase advanced equipment and expand production capacity in the semiconductor storage business, which includes mobile storage and solid-state drives [5][6][7] - The company aims to enhance its embedded storage product capabilities and upgrade its existing SSD production lines to meet increasing market demand for high-end products [5][6][7] - The issuance of shares is deemed necessary to optimize the company's capital structure and reduce financial risks associated with high debt financing costs [6][7][8] Group 3 - The issuance will target up to 35 specific investors, including qualified institutional investors and natural persons, ensuring compliance with regulatory requirements [8][9][10] - The pricing of the shares will be based on the average trading price over the previous 20 trading days, ensuring fairness in the issuance process [10][14][15] - The company has established a plan to manage the raised funds effectively, ensuring they are used for projects that align with its strategic goals and enhance shareholder value [25][26][27] Group 4 - The company has committed to measures to mitigate the dilution of immediate returns for shareholders, including improving operational efficiency and enhancing profitability [19][22][23] - A three-year shareholder return plan has been developed to ensure transparency and stability in profit distribution, particularly benefiting minority shareholders [26][27][28] - The company emphasizes its commitment to maintaining a robust governance structure to protect shareholder interests and ensure compliance with regulatory standards [28][29]

Fundraising Plan - The company plans to raise a total of no more than 129.38 million yuan, which will be used for specific projects after deducting related issuance costs [1] - The total investment for the projects is 163.77 million yuan, with the raised funds covering 12.94 million yuan [1] Project Necessity and Feasibility Embedded Storage Chip Expansion Project - The project aims to expand the production capacity of embedded storage chips, focusing on LPDDR, EMMC, and SD NAND, to meet the growing market demand [2] - The embedded storage market is expected to grow significantly due to the increasing data volume and the proliferation of smart devices [2] - The project aligns with national policies promoting semiconductor localization and aims to enhance the company's competitiveness in the semiconductor storage sector [2] AI-Driven Market Expansion - The rapid development of AI technology is driving the demand for high-performance embedded storage solutions, particularly in AI applications [3][4] - The company plans to introduce high-performance embedded storage products to support AI terminals and edge computing devices, creating new growth engines [4] Advanced Production Equipment Introduction - The project will introduce advanced automated production equipment to enhance manufacturing precision and product consistency [5] - This upgrade is essential for meeting the increasing demand for high-performance storage chips in various applications, including smart wearables and smartphones [5] SSD High-End Upgrade Project - The project focuses on upgrading existing SSD products to high-capacity and high-performance models to capture the growing AI data center market [7][8] - The global enterprise SSD market is projected to grow from approximately 29 billion USD in 2024 to 51.4 billion USD by 2027, with a CAGR of about 21% [8][9] - The company aims to transition from traditional consumer SSDs to enterprise-grade SSDs, which are increasingly in demand due to their reliability and performance [9][10] Funding for Working Capital - The company plans to allocate 36 million yuan from the raised funds to supplement working capital, addressing the financial pressures from its ecological environment business [14][15] - This funding will help optimize the company's capital structure, reduce financial risks, and improve overall profitability [15] Overall Impact on Operations and Financial Status - The fundraising will enhance the company's capital strength and improve its capital structure, although short-term returns may decline until projects are completed [15][16] - Successful implementation of the projects is expected to boost the company's competitive edge and sustainable development, benefiting shareholders in the long run [16]