Group 1 - Avantium raised a total of €84.8 million (approximately 700 million RMB) through equity financing, exceeding expectations [2] - The financing included €65.4 million from a fully underwritten and committed share placement, and an additional €19.4 million from an extra placement, which included €15 million in new ordinary shares allocated to the Dutch government [2] - The CEO of Avantium stated that the funds will accelerate the company's transition to sustainable materials and aim for EBITDA breakeven by 2027 [2] Group 2 - Avantium has successfully launched its Sugar Dehydration Unit (SDH) to convert plant sugars into the key intermediate MMF (Methoxymethylfurfural), with utility systems operational and purification units in the commissioning phase [2] - The company has signed 20 purchase agreements for PEF, covering various applications such as bottles, fibers, and films, with a total contract value exceeding €100 million [3] - Avantium expects commercial operations to begin in Q1 2026, with its 100% plant-based recyclable material PEF (branded as releaf®) available to consumers [4]