Advanced Technology: Some of the raised funds will be used to invest in projects that have been delayed and to adjust the internal investment structure.

Progress Technology Announcement: The company's "Aluminum Alloy Condensing Heat Exchanger Technology Transformation Project" and "R&D Center Construction Project" have been postponed. The "Aluminum Alloy Condensing Heat Exchanger Technology Transformation Project" is expected to be postponed from December 31, 2025 to December 31, 2026, and the "R&D Center Construction Project" is expected to be postponed from December 31, 2025 to June 30, 2027. In addition, the company has also adjusted the internal investment structure of the "Aluminum Alloy Condensing Heat Exchanger Technology Transformation Project".